Plan Ledger DOL Form 5500 · updated monthly

5W Public Relations401(k)

5W PUBLIC RELATIONS 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.70%

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

5W Public Relations reported $46,376 in plan administrative expenses for 2023: 0.70% of average plan assets, above the peer median. Employer contributions averaged $499 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 1 year on file its reported administrative ratio rose from 0.61% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,926th of 5,648), and 8,731st of 11,654 in professional & technical services. In 2023, employees put in $12.49 for every $1.00 the employer contributed; active participation has shrunk from 256 to 230 since 2022.

Plan summary
Net assets, end of year$7,893,787
Participants with balances207
Active participants230
Employer contributions$114,818
Employee contributions$1,433,882
Employer contribution per active participant$499
Average account balance$38,134
Benefits paid to participants$328,799
Plan auditUnmodified (clean) audit opinion
AuditorFARBER, BLICHT, EYERMAN & HERZOG LL
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $104K emplr
2023$7.9M · 207 accts · $115K emplr
2022$5.3M · 193 accts · $161K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$46,376
Total administrative$46,376
The 5W Public Relations 401(k) match · 2023
Employer contribution per active participant$499
Median for plans this size$1,308
2023$499 per active participant
2022$628 per active participant

5W Public Relations's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$45,392
CFS INVESTMENT ADVISORY SERVICES LL · 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
2024Not separately reported
2023$46,376 · 0.70%
2022$31,982 · 0.61%
Same employer
Similar plansProfessional & Technical Services · New York
Starline USA Inc. NY$8.0M · 0.27%
Slice Solutions, Inc. NY$8.0M · 0.49%
Adhawk Inc. NY$8.0M · 0.59%
Gallo Vitucci & Klar, LLP NY$8.0M · 0.09%
Cult Health LLC NY$7.8M · 0.87%
Butterflymx, Inc. NY$7.7M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223887007 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.