Plan Ledger DOL Form 5500 · updated monthly

Women in Need403(b)

WOMEN IN NEED 403(B) RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.93%

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

Women in Need reported $155,230 in plan administrative expenses for 2024: 1.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $654 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 1.56% to 1.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,848th of 5,648), and 6,253rd of 11,911 in health care & social assistance. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has grown from 651 to 783 since 2022.

Plan summary
Net assets, end of year$8,468,510
Participants with balances793
Active participants783
Employer contributions$511,774
Employee contributions$1,349,594
Employer contribution per active participant$654
Average account balance$10,679
Benefits paid to participants$1,830,708
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 793 accts · $512K emplr
2023$7.6M · 724 accts · $360K emplr
2022$6.5M · 844 accts · $338K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$155,230
Total administrative$155,230
Employer contributions to the Women in Need plan · 2024
Employer contribution per active participant$654
Median for plans this size$1,313
2024$654 per active participant
2023$522 per active participant
2022$520 per active participant

Women in Need's 2024 employer contribution ran below the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCES COMPANY · Contract administrator · Loan processing$127,278
ALLIANT INSURANCE SERVICES, INC. · Contract administrator · Other services$27,963

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$155,230 · 1.93%
2023$152,427 · 2.15%
2022$104,395 · 1.56%
Same employer
Similar plansHealth Care & Social Assistance · New York
East End Hospice, Inc. NY$8.5M · 0.56%
Fpg Services, LLC NY$8.5M · 0.97%
X-Treme Care LLC NY$8.3M · 2.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 133164477 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.