Plan Ledger DOL Form 5500 · updated monthly

Stephen Gaynor School401(k)

STEPHEN GAYNOR SCHOOL 401(K) P/S PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Stephen Gaynor School reported $8,717 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,340 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 2 years on file its reported administrative ratio rose from 0.04% to 0.05%. 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 2,682nd-largest of 5,648 plans among New York employers on file, and 1,669th of 3,091 in educational services. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,955,176
Participants with balances187
Active participants173
Employer contributions$750,814
Employee contributions$1,222,691
Employer contribution per active participant$4,340
Average account balance$96,017
Benefits paid to participants$1,945,604
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 187 accts · $751K emplr
2023$15.8M · 165 accts · $714K emplr
2022$13.2M · 175 accts · $684K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,717
Total administrative$8,717
The Stephen Gaynor School 401(k) match · 2024
Employer contribution per active participant$4,340
Median for plans this size$2,416
2024$4,340 per active participant
2023$4,197 per active participant
2022$3,928 per active participant

Stephen Gaynor School's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
THE BENEFIT PRACTICE · Contract administrator$7,742
CAPITAL GROUP RETIREMENT PLAN SERVI$975

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$8,717 · 0.05%
2023$9,470 · 0.07%
2022$5,847 · 0.04%
Same employer
Similar plansEducational Services · New York
Village Community School NY$17.5M · 0.13%
Cicatelli Associates Inc. NY$17.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131969570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.