Plan Ledger DOL Form 5500 · updated monthly

Women's Housing and Economic Development403(b)

WHEDCO 403(B) RETIREMENT PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Women's Housing and Economic Development reported $9,243 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,520 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 0.17% to 0.16%. 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 (4,260th of 5,648), and 7,284th of 11,911 in health care & social assistance. In 2024, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,136,045
Participants with balances163
Active participants325
Employer contributions$494,017
Employee contributions$666,890
Employer contribution per active participant$1,520
Average account balance$37,644
Benefits paid to participants$1,346,493
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 163 accts · $494K emplr
2023$5.7M · 151 accts · $381K emplr
2022$4.3M · 138 accts · $292K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,243
Total administrative$9,243
Employer contributions to the Women's Housing and Economic Development plan · 2024
Employer contribution per active participant$1,520
Median for plans this size$1,313
2024$1,520 per active participant
2023$1,343 per active participant
2022$985 per active participant

Women's Housing and Economic Development's 2024 employer contribution ran above 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 INSURANCE COMPANY · Contract administrator · Loan processing$9,243
WILSHIRE ADVISORS LLC · 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$9,243 · 0.16%
2023$8,650 · 0.17%
2022$7,590 · 0.17%
Same employer
Similar plansHealth Care & Social Assistance · New York
Cdx Diagnostics Inc. NY$6.2M · 0.77%
Quartet Mso, LLC NY$6.1M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113099604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.