Plan Ledger DOL Form 5500 · updated monthly

The Leffell School403(b)

THE LEFFELL SCHOOL RETIREMENT PLAN · HARTSDALE, NY · plan year 2025

Reported admin expense ratio · 2025
0.17%

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

The Leffell School reported $76,551 in plan administrative expenses for 2025: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,475 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 rose from 0.11% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other educational services employers. By assets it is the 1,448th-largest of 5,648 plans among New York employers on file, and the 980th of 3,091 in educational services. In 2025, employees put in $5.80 for every $1.00 the employer contributed; active participation has shrunk from 254 to 189 since 2022.

Plan summary
Net assets, end of year$45,804,264
Participants with balances399
Active participants189
Employer contributions$278,685
Employee contributions$1,615,976
Employer contribution per active participant$1,475
Average account balance$114,798
Benefits paid to participants$4,774,632
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$45.8M · 399 accts · $279K emplr
2024$42.9M · 396 accts · $271K emplr
2023$39.8M · 402 accts · $251K emplr
2022$34.1M · 395 accts · $243K emplr
Administrative expenses, itemized · 2025
Investment management$54,214
Total administrative$76,551
Employer contributions to the The Leffell School plan · 2025
Employer contribution per active participant$1,475
Median for plans this size$2,666
2025$1,475 per active participant
2024$1,204 per active participant
2023$1,327 per active participant
2022$957 per active participant

The Leffell School's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
ALLIANT INSURANCE SERVICES, INC.$29,827
TIAA$27,684
PKF O'CONNOR DAVIES, LLC$16,560

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$76,551 · 0.17%
2024$56,662 · 0.14%
2023$48,713 · 0.13%
2022$39,591 · 0.11%
Same employer
Similar plansEducational Services · New York
The League School NY$46.8M · 0.01%
Wells College NY$45.4M · 0.08%
Nichols School of Buffalo NY$45.2M · 0.04%
Roberts Wesleyan University NY$45.0M · 0.27%
Avenues World Holdings, LLC NY$44.9M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 136209307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.