Plan Ledger DOL Form 5500 · updated monthly

The Speyer Legacy School403(b)

SPEYER LEGACY SCHOOL 403(B)(7)PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

The Speyer Legacy School reported $23,469 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $2,865 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 0.62% to 0.36%. 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 (4,060th of 5,648), and 2,320th of 3,091 in educational services. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 87 to 105 since 2022.

Plan summary
Net assets, end of year$7,154,899
Participants with balances149
Active participants105
Employer contributions$300,803
Employee contributions$521,795
Employer contribution per active participant$2,865
Average account balance$48,019
Benefits paid to participants$450,065
Plan auditUnmodified (clean) audit opinion
AuditorSTOWE AND DEGON LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 149 accts · $301K emplr
2023$5.8M · 116 accts · $230K emplr
2022$4.9M · 105 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,373
Investment management$11,096
Total administrative$23,469
Employer contributions to the The Speyer Legacy School plan · 2024
Employer contribution per active participant$2,865
Median for plans this size$1,313
2024$2,865 per active participant
2023$2,348 per active participant
2022$2,870 per active participant

The Speyer Legacy School's 2024 employer contribution ran above the $1,313 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 · 20241
PCS RETIREMENT, LLC · Claims processing · Consultingindirect 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
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history3
2024$23,469 · 0.36%
2023$26,715 · 0.50%
2022$33,078 · 0.62%
Similar plansEducational Services · New York
Yeshiva of Central Queens NY$7.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264274070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.