AAI ASSOCIATES, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024
Reported admin expense ratio · 2024
0.58%
Peer grade: C+· admin costs + employer contributions vs same-size plans · how grading works
Aai Associates, Inc. reported $62,801 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,627 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 0.54% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,328th of 5,648), and 7,404th of 11,654 in professional & technical services. In 2024, employees put in $2.92 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$11,967,537
Participants with balances130
Active participants94
Employer contributions$340,980
Employee contributions$996,348
Employer contribution per active participant$3,627
Employer contribution per active participant$3,627
Median for plans this size$2,416
2024$3,627 per active participant
2023$3,074 per active participant
2022$3,209 per active participant
Aai Associates, Inc.'s 2024 employer contribution ran above the $2,416 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 352442153 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.