Plan Ledger DOL Form 5500 · updated monthly

The New School403(b)

THE NEW SCHOOL 403(B) DEFINED CONTRIBUTION PLAN · FAYETTEVILLE, AR · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

The New School reported $150 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,456 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 0.00% to 0.01%. 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 Arkansas (365th of 456), and 2,727th of 3,091 in educational services. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has shrunk from 93 to 74 since 2022.

Plan summary
Net assets, end of year$2,953,211
Participants with balances111
Active participants74
Employer contributions$107,752
Employee contributions$165,834
Employer contribution per active participant$1,456
Average account balance$26,606
Benefits paid to participants$281,324
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 111 accts · $108K emplr
2023$2.7M · 128 accts · $94K emplr
2022$2.4M · 125 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150
Total administrative$150
Employer contributions to the The New School plan · 2024
Employer contribution per active participant$1,456
Median for plans this size$1,313
2024$1,456 per active participant
2023$1,405 per active participant
2022$1,060 per active participant

The New School's 2024 employer contribution ran above the $1,313 median for plans its size. 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
TIAA · Plan administrator · Recordkeeping$675

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$150 · 0.01%
2023$100 · 0.00%
2022$75 · 0.00%
Similar plansEducational Services · Arkansas
Philander Smith College AR$7.0M · 0.00%
Access Group, Inc. AR$6.8M · 0.75%
Life Styles, Inc. AR$1.3M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710422196 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.