Plan Ledger DOL Form 5500 · updated monthly

Abel Cine Tech, Inc.401(k)

ABEL CINE TECH, INC. 401(K) RETIREMENT PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Abel Cine Tech, Inc. reported $55,619 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,383 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 fell from 1.11% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New York (3,866th of 5,648), and 1,614th of 2,199 in information & media. In 2024, employees put in $2.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,363,499
Participants with balances148
Active participants117
Employer contributions$161,830
Employee contributions$477,263
Employer contribution per active participant$1,383
Average account balance$56,510
Benefits paid to participants$805,270
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 148 accts · $162K emplr
2023$7.6M · 155 accts · $153K emplr
2022$6.1M · 149 accts · $123K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,645
Investment management$25,974
Total administrative$55,619
The Abel Cine Tech, Inc. 401(k) match · 2024
Employer contribution per active participant$1,383
Median for plans this size$1,313
2024$1,383 per active participant
2023$1,212 per active participant
2022$1,026 per active participant

Abel Cine Tech, Inc.'s 2024 employer contribution ran above the $1,313 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
STONE HILL FIDUCIARY MANAGEMENT, LL · Investment advisory (plan)$25,000
EMPOWER ADVISORY GROUP, LLC · Investment management$973

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

Administrative cost history3
2024$55,619 · 0.70%
2023$72,248 · 1.05%
2022$72,535 · 1.11%
Same employer
Similar plansInformation & Media · New York
DV01 NY$8.4M · 0.11%
Essence Ventures, LLC NY$8.3M · 1.34%
Newtonx, Inc. NY$7.9M · 0.03%
Kwp Studios, Inc. NY$7.7M · 0.23%
The Mines Press, Inc. NY$7.7M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133539706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.