1650 Broadway Associates, Inc.401(k)
1650 BROADWAY ASSOCIATES, INC. 401(K) PLAN · NEW YORK, NY · plan year 2020
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
1650 Broadway Associates, Inc. reported $7,879 in plan administrative expenses for 2020: 2.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $135 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 0.16% to 2.26%. The plan sits in the under $1M size bracket, benchmarked here against 109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (5,489th of 5,648), and 1,965th of 2,240 in accommodation & food services. In 2020, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 176 to 208 since 2018.
1650 Broadway Associates, Inc.'s 2020 employer contribution ran below the $246 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.
Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 133684169 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.