Plan Ledger DOL Form 5500 · updated monthly

The Educational & Institutional Cooperative Services, Inc.401(k)

THE EDUCATIONAL & INSTITUTIONAL CO-OP SERVICES, INC. SAVINGS AND INVESTMENT PLAN · JERICHO, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

The Educational & Institutional Cooperative Services, Inc. reported $1,497 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,179 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 0.004% to 0.004%. 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 1,692nd-largest of 5,648 plans among New York employers on file, and the 1,119th of 3,091 in educational services. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 104 to 121 since 2022.

Plan summary
Net assets, end of year$37,333,758
Participants with balances157
Active participants121
Employer contributions$1,352,718
Employee contributions$1,751,632
Employer contribution per active participant$11,179
Average account balance$237,795
Benefits paid to participants$3,018,016
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.3M · 157 accts · $1.4M emplr
2023$32.9M · 143 accts · $1.3M emplr
2022$27.7M · 133 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,497
Total administrative$1,497
The The Educational & Institutional Cooperative Services, Inc. 401(k) match · 2024
Employer contribution per active participant$11,179
Median for plans this size$2,416
2024$11,179 per active participant
2023$12,519 per active participant
2022$11,228 per active participant

The Educational & Institutional Cooperative Services, Inc.'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,497

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$1,497 · 0.00%
2023$1,938 · 0.01%
2022$1,313 · 0.00%
Same employer
Similar plansEducational Services · New York
Portledge School NY$38.1M · 0.05%
Birch Wathen Lenox School NY$38.0M · 0.08%
Advantage Testing, Inc. NY$37.6M · 0.01%
The Albany Academies NY$37.0M · 0.12%
Cazenovia College NY$36.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111694595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.