Plan Ledger DOL Form 5500 · updated monthly

The Nightingale-Bamford School403(b)

THE NIGHTINGALE-BAMFORD SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

The Nightingale-Bamford School reported $54,754 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,871 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 0.046% to 0.052%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 731st-largest of 5,648 plans among New York employers on file, and the 484th of 3,091 in educational services. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has grown from 185 to 207 since 2022.

Plan summary
Net assets, end of year$110,315,663
Participants with balances500
Active participants207
Employer contributions$1,836,265
Employee contributions$2,270,502
Employer contribution per active participant$8,871
Average account balance$220,631
Benefits paid to participants$7,231,477
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$110.3M · 500 accts · $1.8M emplr
2023$100.8M · 501 accts · $1.7M emplr
2022$87.9M · 493 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,929
Investment management$9,825
Audit (IQPA)$16,000
Total administrative$54,754
Employer contributions to the The Nightingale-Bamford School plan · 2024
Employer contribution per active participant$8,871
Median for plans this size$3,635
2024$8,871 per active participant
2023$9,188 per active participant
2022$8,649 per active participant

The Nightingale-Bamford School's 2024 employer contribution ran above the $3,635 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 · 20243
TIAA$25,217
PFK O'CONNOR DAVIES, LLP · Accounting / audit$16,000
PLANPILOT, LLC · Investment advisory (plan)$9,825

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$54,754 · 0.05%
2023$37,732 · 0.04%
2022$43,271 · 0.05%
Same employer
Similar plansEducational Services · New York
Marymount Manhattan College NY$112.8M · 0.04%
Saint Anns School NY$110.2M · 0.14%
Hackley School NY$109.1M · 0.16%
Rye Country Day School NY$108.0M · 0.15%
The Chapin School LTD. NY$107.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131106710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.