Private Prep NYC 401(k) match, vesting and fees
What Private Prep NYC's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Co | Schedule C ↗ |
| Independent auditor | Bdg, Cpas (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 590 defined-contribution plans in educational services with 100 to 499 participants.
| Private Prep NYC: employer contribution per participant | $2,141 | |
| Peer median | $1,800 |
| Private Prep NYC: average balance | $47,120 | |
| Peer median | $72,234 |
| Private Prep NYC: admin expenses ÷ assets | 0.65% | |
| Peer median | 0.18% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $3.1M at the end of plan year 2021 to $6.4M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 135 | $6.4M | $289K | $2,141 | 0.65% | Not published | Form 5500 ↗ |
| 2024 | 119 | $4.8M | $313K | $2,679 | 0.87% | Not published | Form 5500 ↗ |
| 2023 | 117 | $4M | $265K | $2,267 | 0.91% | Not published | Form 5500 ↗ |
| 2022 | 133 | $3.2M | $258K | $2,035 | 0.85% | Not published | Form 5500 ↗ |
| 2021 | 124 | $3.1M | $255K | $2,053 | 1.17% | Not published | 5500-SF ↗ |
Common questions
Does Private Prep NYC match 401(k) contributions?
The match terms for the Private Prep Nyc LLC 401(k) Profit Sharing Plan & Trust have not been published from its filing yet. The plan year 2025 filing reports $289K in employer contributions, about $2,141 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Private Prep NYC 401(k) match vested?
The vesting schedule for the Private Prep Nyc LLC 401(k) Profit Sharing Plan & Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Private Prep NYC 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Principal Life Insurance Co. The plan administrator is Private Prep Nyc LLC.
I left Private Prep NYC. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Private Prep Nyc LLC, (516) 902-8837) or the recordkeeper, Principal Life Insurance Co. The Private Prep NYC old 401(k) page lists the contacts from every plan filing. Find an old Private Prep NYC 401(k)
Data from the public Form 5500 annual reports Private Prep NYC filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Private Prep NYC. Not financial advice. Report a correction · Methodology