Plan Ledger DOL Form 5500 · updated monthly

The Winston Preparatory School403(b)

THE WINSTON PREPARATORY SCHOOL 403(B) DC PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

The Winston Preparatory School reported $58,750 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $5,995 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 0.12% to 0.16%. 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 1,634th-largest of 5,648 plans among New York employers on file, and the 1,093rd of 3,091 in educational services. In 2024, employees put in $1.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,796,408
Participants with balances330
Active participants203
Employer contributions$1,217,004
Employee contributions$1,463,591
Employer contribution per active participant$5,995
Average account balance$117,565
Benefits paid to participants$2,155,832
Plan auditUnmodified (clean) audit opinion
AuditorBEDERSON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$38.8M · 330 accts · $1.2M emplr
2023$33.5M · 314 accts · $1.1M emplr
2022$28.0M · 299 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,080
Investment management$670
Total administrative$58,750
Employer contributions to the The Winston Preparatory School plan · 2024
Employer contribution per active participant$5,995
Median for plans this size$2,416
2024$5,995 per active participant
2023$5,857 per active participant
2022$5,704 per active participant

The Winston Preparatory School's 2024 employer contribution ran above the $2,416 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$29,870
BEDERSON LLP · Accounting / audit$14,833
BAKER TILLY US, LLP · Accounting / audit$11,616

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$58,750 · 0.16%
2023$53,450 · 0.17%
2022$36,412 · 0.12%
Same employer
Similar plansEducational Services · New York
Keuka College NY$44.0M · 0.11%
Green Vale School NY$44.0M · 0.06%
Portledge School NY$38.1M · 0.05%
Birch Wathen Lenox School NY$38.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133085860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.