Plan Ledger DOL Form 5500 · updated monthly

The Solomon R. Guggenheim Foundation403(b)

THE SOLOMON R. GUGGENHEIM FOUNDATION 403(B) RETIREMENT PLAN · NEW YORK, 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 Solomon R. Guggenheim Foundation reported $67,415 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,114 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 0.20% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,261st-largest of 5,648 plans among New York employers on file, and the 178th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$56,346,131
Participants with balances555
Active participants482
Employer contributions$1,019,101
Employee contributions$1,778,026
Employer contribution per active participant$2,114
Average account balance$101,525
Benefits paid to participants$3,340,118
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.3M · 555 accts · $1.0M emplr
2023$50.3M · 539 accts · $777K emplr
2022$43.5M · 468 accts · $815K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,486
Investment management$35,025
Total administrative$67,415
Employer contributions to the The Solomon R. Guggenheim Foundation plan · 2024
Employer contribution per active participant$2,114
Median for plans this size$3,635
2024$2,114 per active participant
2023$1,577 per active participant
2022$1,757 per active participant

The Solomon R. Guggenheim Foundation's 2024 employer contribution ran below the $3,635 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 · 20246
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$12,486
CAPFINANCIAL PARTNERS LLC · Consulting · Insurance services$29,848
PROSKAUER · Legal$19,904
BRINKER CAPITAL INVESTMENT · Consulting · Insurance services$5,141
CHARLES SCHWAB & CO., LLC · Securities brokerage$35
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$67,415 · 0.13%
2023$101,572 · 0.22%
2022$93,094 · 0.20%
Same employer
Similar plansArts, Entertainment & Recreation · New York
New York City Ballet, Inc NY$73.9M · 0.37%
Qb Jv Holdings, LLC NY$73.7M · 0.11%
Sterling Mets, L.P. NY$47.8M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 135562233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.