Plan Ledger DOL Form 5500 · updated monthly

The New Interdisciplinary SchoolProfit-sharing plan

THE NEW INTERDISCIPLINARY SCHOOL PROFIT SHARING PLAN · YAPHANK, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

The New Interdisciplinary School reported $3,652 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $641 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 1.00% to 0.13%. 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 York (4,903rd of 5,648), and 2,722nd of 3,091 in educational services. active participation has grown from 106 to 117 since 2022.

Plan summary
Net assets, end of year$3,002,822
Participants with balances182
Active participants117
Employer contributions$75,000
Employee contributions—
Employer contribution per active participant$641
Average account balance$16,499
Benefits paid to participants$195,018
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 182 accts · $75K emplr
2023$2.8M · 208 accts · $75K emplr
2022$2.6M · 188 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,652
Total administrative$3,652
Employer contributions to the The New Interdisciplinary School plan · 2024
Employer contribution per active participant$641
Median for plans this size$1,313
2024$641 per active participant
2023$636 per active participant
2022$1,887 per active participant

The New Interdisciplinary School's 2024 employer contribution ran below the $1,313 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 · 20243
NATIONWIDE · Recordkeeping · Investment advisory (participants)$12,100
LONG ISLAND EMPLOYEE BENEFITS GROUP · Recordkeeping · Loan processing$3,632
CETERA ADVISOR NETWORKS LLC · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024LONG ISLAND EMPLOYEE BENEFITS GROUP, Nationwide
2023LONG ISLAND EMPLOYEE BENEFITS GROUP, Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,652 · 0.13%
2023$27,658 · 1.02%
2022$30,994 · 1.00%
Similar plansEducational Services · New York
School Intermediate LLC NY$3.2M · 0.50%
The Lowell School NY$2.9M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112428403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.