Plan Ledger DOL Form 5500 · updated monthly

Tiegerman School403(b)

TIEGERMAN SCHOOL 403(B) RETIREMENT PLAN · GLEN COVE, NY · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Tiegerman School reported $123,435 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,793 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 3 years on file its reported administrative ratio has held roughly steady near 0.260%. 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 1,341st-largest of 5,648 plans among New York employers on file, and the 893rd of 3,091 in educational services. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has shrunk from 634 to 568 since 2022.

Plan summary
Net assets, end of year$51,279,616
Participants with balances394
Active participants568
Employer contributions$1,018,686
Employee contributions$1,788,428
Employer contribution per active participant$1,793
Average account balance$130,151
Benefits paid to participants$1,287,078
Plan auditUnmodified (clean) audit opinion
AuditorCERINI & ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$51.3M · 394 accts · $1.0M emplr
2023$43.5M · 398 accts · $969K emplr
2022$37.8M · 405 accts · $940K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$123,435
Total administrative$123,435
Employer contributions to the Tiegerman School plan · 2024
Employer contribution per active participant$1,793
Median for plans this size$2,416
2024$1,793 per active participant
2023$1,718 per active participant
2022$1,483 per active participant

Tiegerman School's 2024 employer contribution ran below the $2,416 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 · 20243
PRINCIPA LIFE INSURANCE COMPANY · Contract administrator · Loan processing$123,435
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)indirect comp
LOREN D. STARK COMPANY · Other servicesindirect comp

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$123,435 · 0.26%
2023$105,735 · 0.26%
2022$91,009 · 0.26%
All plans at this employer2
TIEGERMAN SCHOOL 403(B) RETIREMENT PLAN403(b)
TIEGERMAN SCHOOL EMPLOYEES RETIREMENT PLANDefined-contribution plan
Same employer
Similar plansEducational Services · New York
Emma Willard School NY$53.8M · 0.11%
The Hewitt School NY$52.7M · 0.04%
The Town School NY$52.1M · 0.09%
Russell Sage Foundation NY$50.7M · 0.02%
The Browning School NY$50.2M · 0.13%
World Economic Forum LLC NY$49.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112739039 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.