What are the fees in the Aay Associates, Inc 401(k) plan?

For plan year 2022, Aay Associates, Inc reported $4,383 in plan administrative expenses, or 0.68% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Aay Associates, Inc 401(k)?

The average participant account balance was $18,867 for plan year 2022, based on 32 accounts.

Aay Associates, Inc401(k)

Name: Aay Associates, Inc 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

AAY ASSOCIATES, INC 401(K) PLAN · FOREST HILLS, NY · plan year 2022

Reported admin expense ratio · 2022

0.68%

Aay Associates, Inc reported $4,383 in plan administrative expenses for 2022: 0.68% of average plan assets, below the peer median. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (5,430th of 5,648), and 2,309th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$603,749
Participants with balances32
Active participants171
Employer contributions—
Employee contributions$109,022
Employer contribution per active participant—
Average account balance$18,867
Benefits paid to participants$77,393
Plan auditUnmodified (clean) audit opinion
AuditorPRAGER METIS CPA'S LLC

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$4,383 · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800019134 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.