Plan Ledger DOL Form 5500 · updated monthly

Whispering Pines Preschool, Inc.401(k)

WHISPERING PINES PRESCHOOL, INC. 401(K) PLAN · DELANSON, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Whispering Pines Preschool, Inc. reported $8,735 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,747 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 fell from 0.15% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (3,556th of 5,648), and 2,086th of 3,091 in educational services. In 2024, the employer put in $2.42 for every $1.00 employees contributed themselves; active participation has grown from 113 to 131 since 2022.

Plan summary
Net assets, end of year$10,387,292
Participants with balances198
Active participants131
Employer contributions$883,816
Employee contributions$365,517
Employer contribution per active participant$6,747
Average account balance$52,461
Benefits paid to participants$173,082
Plan auditUnmodified (clean) audit opinion
AuditorCERINI & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 198 accts · $884K emplr
2023$8.2M · 182 accts · $150K emplr
2022$7.0M · 162 accts · $381K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,735
Total administrative$8,735
The Whispering Pines Preschool, Inc. 401(k) match · 2024
Employer contribution per active participant$6,747
Median for plans this size$1,313
2024$6,747 per active participant
2023$1,251 per active participant
2022$3,370 per active participant

Whispering Pines Preschool, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
MUSSETT WEALTH MANAGEMENTindirect comp
VOYA RETIREMENT INS AND ANN CO · Investment advisory (plan)indirect 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$8,735 · 0.09%
2023$9,644 · 0.13%
2022$9,395 · 0.15%
Same employer
Similar plansEducational Services · New York
Equality Charter School NY$10.5M · 0.28%
Unbounded Learning, Inc. NY$10.4M · 0.15%
The Child School NY$9.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141701676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.