Plan Ledger DOL Form 5500 · updated monthly

Steppingstone Day School IncProfit-sharing plan

STEPPINGSTONE DAY SCHOOL INC EMPLOYEES RETIREMENT PLAN · KEW GARDEN HILLS, NY · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

Steppingstone Day School Inc reported $109,891 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,826 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 fell from 1.26% to 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (3,517th of 5,648), and 2,053rd of 3,091 in educational services. active participation has grown from 215 to 259 since 2022.

Plan summary
Net assets, end of year$10,707,256
Participants with balances259
Active participants259
Employer contributions$1,250,000
Employee contributions—
Employer contribution per active participant$4,826
Average account balance$41,341
Benefits paid to participants$471,377
Plan auditUnmodified (clean) audit opinion
AuditorBRAD ROSENBERG
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 259 accts · $1.3M emplr
2023$9.3M · 259 accts · $1.0M emplr
2022$8.1M · 215 accts · $600K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,250
Investment management$79,641
Audit (IQPA)$14,000
Total administrative$109,891
Employer contributions to the Steppingstone Day School Inc plan · 2024
Employer contribution per active participant$4,826
Median for plans this size$1,313
2024$4,826 per active participant
2023$3,861 per active participant
2022$2,791 per active participant

Steppingstone Day School Inc's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$109,891 · 1.10%
2023$104,249 · 1.20%
2022$102,449 · 1.26%
Similar plansEducational Services · New York
Maria College NY$11.1M
Outward Bound Inc NY$10.9M · 0.00%
West Side Montessori School NY$10.8M · 0.01%
Equality Charter School NY$10.5M · 0.28%
Unbounded Learning, Inc. NY$10.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112658604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.