Plan Ledger DOL Form 5500 · updated monthly

St. Joseph's Collegiate Institute403(b)

ST. JOSEPH'S COLLEGIATE INSTITUTE DEFINED CONTRIBUTION RETIREMENT PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

St. Joseph's Collegiate Institute reported $30,186 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $2,906 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.157%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 2,542nd-largest of 5,648 plans among New York employers on file, and 1,603rd of 3,091 in educational services. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,865,993
Participants with balances128
Active participants92
Employer contributions$267,329
Employee contributions$472,145
Employer contribution per active participant$2,906
Average account balance$155,203
Benefits paid to participants$1,449,525
Plan auditUnmodified (clean) audit opinion
AuditorLUMSDEN & MCCORMICK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 128 accts · $267K emplr
2023$18.5M · 123 accts · $262K emplr
2022$17.8M · 121 accts · $247K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,186
Total administrative$30,186
Employer contributions to the St. Joseph's Collegiate Institute plan · 2024
Employer contribution per active participant$2,906
Median for plans this size$2,416
2024$2,906 per active participant
2023$2,814 per active participant
2022$2,802 per active participant

St. Joseph's Collegiate Institute's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
LAWLEY RETIREMENT ADVISORS LLC · Investment advisory (plan)$10,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$30,186 · 0.16%
2023$20,945 · 0.12%
2022$29,580 · 0.16%
Similar plansEducational Services · New York
Gateway School of New York NY$20.3M · 0.03%
Manlius Pebble Hill School NY$19.0M · 0.07%
Donorschoose.Org NY$18.8M · 0.02%
The Ross School NY$18.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160743159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.