Plan Ledger DOL Form 5500 · updated monthly

Westchester School for Special ChildrenProfit-sharing plan

WESTCHESTER SCHOOL FOR SPECIAL CHILDREN AGE BASED PROFIT SHARING PLAN · YONKERS, NY · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

Westchester School for Special Children reported $51,600 in plan administrative expenses for 2022: 0.44% of average plan assets, higher than ~75% of peers. Employer contributions averaged $10,442 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 fell from 0.53% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (3,256th of 5,648), and 1,940th of 3,091 in educational services. active participation has grown from 107 to 206 since 2019.

Plan summary
Net assets, end of year$12,519,444
Participants with balances264
Active participants206
Employer contributions$2,151,005
Employee contributions—
Employer contribution per active participant$10,442
Average account balance$47,422
Benefits paid to participants$1,348,923
Plan auditUnmodified (clean) audit opinion
AuditorLEHMAN FLYNN VOLLARO NY CPAS PLLC
Plan history4
Yearassets · accounts · employer contribution
2022$12.5M · 264 accts · $2.2M emplr
2021$11.0M · 248 accts · $2.2M emplr
2020$10.8M · 214 accts · $2.0M emplr
2019$7.1M · 195 accts · $1.0M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$50,601
Total administrative$51,600
Employer contributions to the Westchester School for Special Children plan · 2022
Employer contribution per active participant$10,442
Median for plans this size$2,266
2022$10,442 per active participant
2021$13,322 per active participant
2020$14,010 per active participant
2019$9,681 per active participant

Westchester School for Special Children's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2022$51,600 · 0.44%
2021$69,820 · 0.64%
2020$38,625 · 0.43%
2019$35,301 · 0.53%
Same employer
Westchester School for Special Children's health & benefits plan: carriers, premiums & broker pay
Similar plansEducational Services · New York
Integration Charter Schools NY$13.1M · 0.02%
Morrisville Aux of Stateunivcollege of Agri and Tech at Morrisvilleinc NY$12.7M · 0.50%
Bronx Charter School for Excellence NY$12.7M · 0.62%
Kipp Capital Region Public Schools NY$12.5M · 0.46%
Conscious Content Media, Inc. NY$12.3M · 0.28%
Green Chimneys Children's Service NY$12.2M · 0.27%
Psychotherapeutic Evaluational Programs, Inc. NY$12.1M · 0.82%
Nardin Academy NY$11.8M · 0.01%

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 133176016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.