Plan Ledger DOL Form 5500 · updated monthly

Village Community School403(b)

VILLAGE COMMUNITY SCHOOL 403(B) DEFINED CONTRIBUTION PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Village Community School reported $21,819 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $7,056 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 0.07% to 0.13%. 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 2,726th-largest of 5,648 plans among New York employers on file, and 1,695th of 3,091 in educational services. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves; active participation has shrunk from 102 to 91 since 2022.

Plan summary
Net assets, end of year$17,468,414
Participants with balances166
Active participants91
Employer contributions$642,099
Employee contributions$497,200
Employer contribution per active participant$7,056
Average account balance$105,231
Benefits paid to participants$512,027
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 166 accts · $642K emplr
2023$14.9M · 192 accts · $579K emplr
2022$11.7M · 176 accts · $587K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,593
Investment management$3,226
Total administrative$21,819
Employer contributions to the Village Community School plan · 2024
Employer contribution per active participant$7,056
Median for plans this size$2,416
2024$7,056 per active participant
2023$5,971 per active participant
2022$5,757 per active participant

Village Community 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 · 20241
TIAA · Loan processing$18,818

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$21,819 · 0.13%
2023$19,683 · 0.15%
2022$7,248 · 0.07%
All plans at this employer2
VILLAGE COMMUNITY SCHOOL 403(B) DEFINED CONTRIBUTION PLAN403(b)
VILLAGE COMMUNITY SCHOOL DEFINED CONTRIBUTION RETIREMENT PLANProfit-sharing plan
Similar plansEducational Services · New York
Stephen Gaynor School NY$18.0M · 0.05%
Cicatelli Associates Inc. NY$17.0M · 0.08%
Fred S. Keller School NY$16.5M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132663331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.