Plan Ledger DOL Form 5500 · updated monthly

The Children's Aid Society403(b)

THE CHILDREN'S AID SOCIETY VOLUNTARY RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

The Children's Aid Society reported $454,123 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,054 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 0.68% to 0.72%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,100th-largest of 5,648 plans among New York employers on file, and the 1,489th of 11,911 in health care & social assistance. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$67,064,611
Participants with balances4,377
Active participants3,293
Employer contributions$3,471,392
Employee contributions$3,230,229
Employer contribution per active participant$1,054
Average account balance$15,322
Benefits paid to participants$5,383,172
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.1M · 4,377 accts · $3.5M emplr
2023$58.5M · 4,422 accts · $3.2M emplr
2022$47.8M · 4,086 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$216,089
Total administrative$454,123
Employer contributions to the The Children's Aid Society plan · 2024
Employer contribution per active participant$1,054
Median for plans this size$3,635
2024$1,054 per active participant
2023$940 per active participant
2022$936 per active participant

The Children's Aid Society's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
VOYA RETIREMENT INSURANCE AND ANNUI · Other services$214,568

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$454,123 · 0.72%
2023$378,035 · 0.71%
2022$344,476 · 0.68%
Same employer
Similar plansHealth Care & Social Assistance · New York
General Physician, P.C. NY$69.1M · 0.29%
Orthopedicsny, LLP NY$65.7M · 0.17%
Ags Payroll Services LLC NY$65.1M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135562191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.