Plan Ledger DOL Form 5500 · updated monthly

World Education Services, Inc.DC plan

WORLD EDUCATION SERVICES, INC. 403(B) TAX DEFERRED ANNUITY PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

World Education Services, Inc. reported $61,339 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $4,203 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 0.23% to 0.18%. 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 1,646th-largest of 5,648 plans among New York employers on file, and the 1,098th of 3,091 in educational services. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,469,143
Participants with balances402
Active participants269
Employer contributions$1,130,547
Employee contributions$2,398,992
Employer contribution per active participant$4,203
Average account balance$95,694
Benefits paid to participants$983,655
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.5M · 402 accts · $1.1M emplr
2023$31.4M · 380 accts · $1.1M emplr
2022$24.2M · 361 accts · $893K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,339
Total administrative$61,339
Employer contributions to the World Education Services, Inc. plan · 2024
Employer contribution per active participant$4,203
Median for plans this size$2,416
2024$4,203 per active participant
2023$4,090 per active participant
2022$3,346 per active participant

World Education Services, Inc.'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 · Plan administrator · Loan processing$61,339

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$61,339 · 0.18%
2023$55,003 · 0.20%
2022$58,238 · 0.23%
All plans at this employer2
WORLD EDUCATION SERVICES, INC. 401(A) DC PLANMoney purchase plan
WORLD EDUCATION SERVICES, INC. 403(B) TAX DEFERRED ANNUITY PLANDefined-contribution plan
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 237396384 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.