Plan Ledger DOL Form 5500 · updated monthly

Vaughn College of Aeronautics and Technology403(b)

VAUGHN COLLEGE OF AERONAUTICS AND TECHNOLOGY DEFINED CONTRIBUTION RETIREMENT PLAN · FLUSHING, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Vaughn College of Aeronautics and Technology reported $450 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,671 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 0.000% to 0.001%. 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 1,239th-largest of 5,648 plans among New York employers on file, and the 830th of 3,091 in educational services. In 2024, employees put in $3.06 for every $1.00 the employer contributed; active participation has grown from 144 to 162 since 2022.

Plan summary
Net assets, end of year$57,701,883
Participants with balances349
Active participants162
Employer contributions$270,631
Employee contributions$827,354
Employer contribution per active participant$1,671
Average account balance$165,335
Benefits paid to participants$3,112,354
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.7M · 349 accts · $271K emplr
2023$53.2M · 350 accts · $171K emplr
2022$49.0M · 345 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$450
Total administrative$450
Employer contributions to the Vaughn College of Aeronautics and Technology plan · 2024
Employer contribution per active participant$1,671
Median for plans this size$3,635
2024$1,671 per active participant
2023$1,111 per active participant
2022$1,075 per active participant

Vaughn College of Aeronautics and Technology's 2024 employer contribution ran below the $3,635 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
TIAA$825

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$450 · 0.00%
2023$350 · 0.00%
2022$249 · 0.00%
Same employer
Similar plansEducational Services · New York
Anderson Center for Autism NY$58.9M · 0.19%
Manhattan School of Music NY$58.8M · 0.24%
Houghton University NY$57.5M · 0.06%
Henry Viscardi School NY$54.3M · 0.04%
Emma Willard School NY$53.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 110461385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.