Plan Ledger DOL Form 5500 · updated monthly

The Guild for Exceptional Children403(b)

THE GUILD FOR EXCEPTIONAL CHILDREN 403(B) PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

The Guild for Exceptional Children reported $90,667 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,001 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 3 years on file its reported administrative ratio has held roughly steady near 0.47%. 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 2,502nd-largest of 5,648 plans among New York employers on file, and 1,582nd of 3,091 in educational services. In 2024, the employer put in $2.46 for every $1.00 employees contributed themselves; active participation has shrunk from 358 to 210 since 2022.

Plan summary
Net assets, end of year$20,425,273
Participants with balances294
Active participants210
Employer contributions$1,050,254
Employee contributions$426,745
Employer contribution per active participant$5,001
Average account balance$69,474
Benefits paid to participants$1,181,091
Plan auditUnmodified (clean) audit opinion
AuditorPKF O'CONNOR DAVIES LLC.
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 294 accts · $1.1M emplr
2023$18.4M · 333 accts · $955K emplr
2022$16.0M · 345 accts · $834K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,871
Investment management$84,796
Total administrative$90,667
Employer contributions to the The Guild for Exceptional Children plan · 2024
Employer contribution per active participant$5,001
Median for plans this size$2,416
2024$5,001 per active participant
2023$4,246 per active participant
2022$2,331 per active participant

The Guild for Exceptional Children'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 · 20242
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$5,871
SOVEREIGN FINANCIAL GROUP, INC. · Investment advisory (plan)$84,796

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$90,667 · 0.47%
2023$84,371 · 0.49%
2022$75,994 · 0.46%
Same employer
Similar plansEducational Services · New York
St. Luke's School NY$21.7M · 0.01%
Gateway School of New York NY$20.3M · 0.03%
Manlius Pebble Hill School NY$19.0M · 0.07%
Donorschoose.Org NY$18.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 116037766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.