Plan Ledger DOL Form 5500 · updated monthly

Stephen Siller Tunnel to Towers Foundation401(k)

STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION 403(B) PLAN · STATEN ISLAND, NY · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Stephen Siller Tunnel to Towers Foundation reported $20,145 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $2,006 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 1 year on file its reported administrative ratio rose from 0.32% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (4,053rd of 5,648), and 1,979th of 3,341 in other services. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,211,018
Participants with balances254
Active participants350
Employer contributions$702,238
Employee contributions$1,282,402
Employer contribution per active participant$2,006
Average account balance$28,390
Benefits paid to participants$142,632
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$7.2M · 254 accts · $702K emplr
2023$4.7M · 156 accts · $420K emplr
The Stephen Siller Tunnel to Towers Foundation 401(k) match · 2024
Employer contribution per active participant$2,006
Median for plans this size$1,313
2024$2,006 per active participant
2023$1,647 per active participant

Stephen Siller Tunnel to Towers Foundation's 2024 employer contribution ran above the $1,313 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 · 20246
NATIONWIDE · Investment management$20,145
CADARET GRANT & COMPANY INC · Investment managementindirect comp
PROACCOUNT · Investment managementindirect comp
PROACCOUNT · Investment managementindirect comp
NATIONWIDE RETIREMENT PLANS · Investment managementindirect comp
CADARET GRANT & COMPANY INC · Investment managementindirect comp

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

Administrative cost history2
2024$20,145 · 0.34%
2023$12,218 · 0.32%
Same employer
Similar plansOther Services · New York
Cdp North America, Inc. NY$7.4M · 0.04%
Forum Personnel Inc. NY$7.3M · 0.52%
Smith Cairns Ford Inc NY$7.2M · 0.02%
Hill West Architects LLP NY$7.2M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 020554654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.