Plan Ledger DOL Form 5500 · updated monthly

Tntp, Inc.403(b)

THE NEW TEACHER PROJECT 403(B) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Tntp, Inc. reported $158,811 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $4,300 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 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 899th-largest of 5,648 plans among New York employers on file, and the 600th of 3,091 in educational services. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$87,135,563
Participants with balances896
Active participants677
Employer contributions$2,911,350
Employee contributions$6,379,801
Employer contribution per active participant$4,300
Average account balance$97,250
Benefits paid to participants$5,138,478
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$87.1M · 896 accts · $2.9M emplr
2023$71.9M · 920 accts · $3.0M emplr
2022$55.4M · 892 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$127,861
Investment management$26,778
Total administrative$158,811
Employer contributions to the Tntp, Inc. plan · 2024
Employer contribution per active participant$4,300
Median for plans this size$3,635
2024$4,300 per active participant
2023$4,228 per active participant
2022$3,543 per active participant

Tntp, Inc.'s 2024 employer contribution ran above 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 · 20243
GALLAGHER BENEFIT SERVICES, INC · Investment advisory (plan)$20,000
EMPOWER ADVISORY GROUP, LLC · Investment management$6,778

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$158,811 · 0.20%
2023$123,392 · 0.19%
2022$119,470 · 0.21%
Same employer
Similar plansEducational Services · New York
Kipp Nyc, LLC NY$94.6M · 0.18%
Albany Law School NY$89.5M · 0.06%
The Windward School NY$87.0M · 0.04%
Allen-Stevenson School NY$79.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133850158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.