Plan Ledger DOL Form 5500 · updated monthly

61ST Street Service Corporation401(k)

61ST STREET SERVICE CORPORATION 401(K) RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

61ST Street Service Corporation reported $180,375 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,095 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 0.26% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,163rd-largest of 5,648 plans among New York employers on file, and the 2,267th of 11,654 in professional & technical services. In 2024, employees put in $1.04 for every $1.00 the employer contributed; active participation has grown from 1,279 to 1,497 since 2022.

Plan summary
Net assets, end of year$62,678,763
Participants with balances2,381
Active participants1,497
Employer contributions$3,136,948
Employee contributions$3,261,927
Employer contribution per active participant$2,095
Average account balance$26,325
Benefits paid to participants$5,244,041
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.7M · 2,381 accts · $3.1M emplr
2023$54.2M · 2,157 accts · $2.7M emplr
2022$46.6M · 2,128 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$130,375
Investment management$50,000
Total administrative$180,375
The 61ST Street Service Corporation 401(k) match · 2024
Employer contribution per active participant$2,095
Median for plans this size$3,635
2024$2,095 per active participant
2023$1,987 per active participant
2022$2,115 per active participant

61ST Street Service Corporation's 2024 employer contribution ran below the $3,635 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$130,375
GALLAGHER BENEFIT SERVICE, INC. · Consulting$50,000
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$180,375 · 0.31%
2023$122,744 · 0.24%
2022$132,284 · 0.26%
Same employer
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National Debt Relief NY$61.9M · 0.57%
Woods Oviatt Gilman, LLP NY$61.8M · 0.24%
Murex North America NY$61.6M · 0.01%
Plus Company U.S. Inc. NY$61.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133236346 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.