Plan Ledger DOL Form 5500 · updated monthly

St. Luke's School403(b)

ST. LUKE'S SCHOOL 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

St. Luke's School reported $1,526 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,787 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.

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 2,403rd-largest of 5,648 plans among New York employers on file, and the 1,542nd of 3,091 in educational services. In 2024, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,685,392
Participants with balances141
Active participants137
Employer contributions$518,781
Employee contributions$746,431
Employer contribution per active participant$3,787
Average account balance$153,797
Benefits paid to participants$440,388
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,526
Total administrative$1,526
Employer contributions to the St. Luke's School plan · 2024
Employer contribution per active participant$3,787
Median for plans this size$2,416

St. Luke's School'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 · 20241
TIAA$1,826

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

Administrative cost history1
2024$1,526 · 0.01%
Similar plansEducational Services · New York
The New York Preparatory NY$22.2M · 0.39%
Icahn Charter School 1 NY$21.9M · 0.19%
Gateway School of New York NY$20.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455288724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.