Plan Ledger DOL Form 5500 · updated monthly

Stevens Cooperative School403(b)

STEVENS COOPERATIVE SCHOOL 403B PLAN · HOBOKEN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Stevens Cooperative School reported $125 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,165 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 0.001% to 0.001%. 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 Jersey (1,471st of 2,419), and 2,060th of 3,091 in educational services. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,676,377
Participants with balances236
Active participants108
Employer contributions$341,817
Employee contributions$481,150
Employer contribution per active participant$3,165
Average account balance$45,239
Benefits paid to participants$639,829
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 236 accts · $342K emplr
2023$9.0M · 219 accts · $318K emplr
2022$7.7M · 210 accts · $272K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$125
Total administrative$125
Employer contributions to the Stevens Cooperative School plan · 2024
Employer contribution per active participant$3,165
Median for plans this size$1,313
2024$3,165 per active participant
2023$2,972 per active participant
2022$2,697 per active participant

Stevens Cooperative School'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.

Service providers · 20241
TIAA · Contract administrator · Investment advisory (plan)$350

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$125 · 0.00%
2023$50 · 0.00%
2022Not separately reported
Similar plansEducational Services · New Jersey
Learning Ally, Inc. NJ$11.4M · 0.53%
Allegro School Inc. NJ$9.9M · 0.33%
Hollydell, Inc. NJ$9.6M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222209099 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.