Plan Ledger DOL Form 5500 · updated monthly

Acquest Holdings Inc401(k)

ACQUEST HOLDINGS INC 401K PROFIT SHARING PLAN AND TRU · WILLIAMSVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Acquest Holdings Inc reported $1,750 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,084 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 0.04% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (3,928th of 5,648), and 1,265th of 2,096 in real estate & leasing. In 2024, employees put in $2.70 for every $1.00 the employer contributed; active participation has shrunk from 117 to 55 since 2022.

Plan summary
Net assets, end of year$7,876,137
Participants with balances96
Active participants55
Employer contributions$169,633
Employee contributions$458,604
Employer contribution per active participant$3,084
Average account balance$82,043
Benefits paid to participants$1,184,332
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 96 accts · $170K emplr
2023$7.4M · 100 accts · $184K emplr
2022$6.0M · 139 accts · $208K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,750
Total administrative$1,750
The Acquest Holdings Inc 401(k) match · 2024
Employer contribution per active participant$3,084
Median for plans this size$1,313
2024$3,084 per active participant
2023$3,175 per active participant
2022$1,779 per active participant

Acquest Holdings Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$1,750
ADP BROKER-DEALERindirect 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
2024ADP
2023ADP

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

Administrative cost history3
2024$1,750 · 0.02%
2023$3,691 · 0.06%
2022$2,757 · 0.04%
Similar plansReal Estate & Leasing · New York
Unmb Home Loans Inc. NY$8.4M · 0.90%
The Cabot Group As Agent NY$8.3M · 0.43%
Home Leasing, LLC NY$8.0M · 1.01%
Urban Associates, LLC NY$7.1M · 0.53%
Pr Common LLC NY$6.8M · 0.11%
Omni New York LLC NY$6.7M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161390944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.