Plan Ledger DOL Form 5500 · updated monthly

The Viscardi Center, Inc.403(b)

THE VISCARDI CENTER, INC. DEFINED CONTRIBUTION PLAN · ALBERTSON, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

The Viscardi Center, Inc. reported $17,739 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,022 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 0.06% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,835th-largest of 5,648 plans among New York employers on file, and the 1,211th of 3,091 in educational services. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,229,697
Participants with balances373
Active participants272
Employer contributions$277,878
Employee contributions$326,102
Employer contribution per active participant$1,022
Average account balance$89,088
Benefits paid to participants$2,726,325
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.2M · 373 accts · $278K emplr
2023$31.9M · 372 accts · $266K emplr
2022$29.0M · 376 accts · $259K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$275
Investment management$17,464
Total administrative$17,739
Employer contributions to the The Viscardi Center, Inc. plan · 2024
Employer contribution per active participant$1,022
Median for plans this size$2,416
2024$1,022 per active participant
2023$981 per active participant
2022$965 per active participant

The Viscardi Center, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
SENTINEL PENSION ADVISORS · Investment management$17,464

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$17,739 · 0.05%
2023$28,201 · 0.09%
2022$19,494 · 0.06%
Similar plansEducational Services · New York
Trinity-Pawling School NY$33.7M · 0.15%
Millbrook School NY$33.7M · 0.14%
Catalyst Inc. NY$33.3M · 0.31%
Alliance University NY$33.0M · 0.00%
The Summit Center Inc. NY$32.5M · 0.36%
Medaille University NY$31.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111814883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.