Plan Ledger DOL Form 5500 · updated monthly

Accounting Fulfillment Services, LLC.401(k)

AFS 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Accounting Fulfillment Services, LLC. reported $31,617 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $1,283 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 0.48% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (4,075th of 5,648), and 9,025th of 11,654 in professional & technical services. In 2024, employees put in $3.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,058,211
Participants with balances266
Active participants242
Employer contributions$310,604
Employee contributions$1,028,230
Employer contribution per active participant$1,283
Average account balance$26,535
Benefits paid to participants$607,252
Plan auditUnmodified (clean) audit opinion
AuditorWISS & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 266 accts · $311K emplr
2023$5.4M · 231 accts · $300K emplr
2022$3.6M · 206 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,617
Total administrative$31,617
The Accounting Fulfillment Services, LLC. 401(k) match · 2024
Employer contribution per active participant$1,283
Median for plans this size$1,313
2024$1,283 per active participant
2023$1,293 per active participant
2022$1,132 per active participant

Accounting Fulfillment Services, LLC.'s 2024 employer contribution ran below 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
COMMONWEALTH EQUITY SERVICES LLC · Investment advisory (plan)$30,603
NA NA · Contract administrator$5,611
CAPITAL GROUP RETIREMENT PLAN SERVI$3,144

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$31,617 · 0.51%
2023$21,534 · 0.48%
2022$17,476 · 0.48%
Same employer
Similar plansProfessional & Technical Services · New York
Selip & Stylianou, LLP NY$7.1M · 0.11%
Greater Than One, Inc. NY$7.1M · 0.62%
The Doyle Group, Inc. NY$6.9M · 0.55%
Rohan & Harper, P.C. NY$6.7M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 471246548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.