Plan Ledger DOL Form 5500 · updated monthly

Adhawk Inc.401(k)

ADHAWK, INC. 401(K) PLAN · HARRISON, NY · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Adhawk Inc. reported $41,235 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $3,340 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 0.19% to 0.59%. 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 (3,919th of 5,648), and 8,705th of 11,654 in professional & technical services. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has shrunk from 149 to 129 since 2022.

Plan summary
Net assets, end of year$7,958,965
Participants with balances142
Active participants129
Employer contributions$430,814
Employee contributions$859,860
Employer contribution per active participant$3,340
Average account balance$56,049
Benefits paid to participants$463,214
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 142 accts · $431K emplr
2023$6.0M · 158 accts · $480K emplr
2022$4.2M · 155 accts · $468K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,630
Investment management$23,605
Total administrative$41,235
The Adhawk Inc. 401(k) match · 2024
Employer contribution per active participant$3,340
Median for plans this size$1,313
2024$3,340 per active participant
2023$3,610 per active participant
2022$3,138 per active participant

Adhawk 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 · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$20,650
EMPOWER ADVISORY GROUP, LLC · Investment management$2,962

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$41,235 · 0.59%
2023$27,716 · 0.54%
2022$7,858 · 0.19%
Same employer
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Starline USA Inc. NY$8.0M · 0.27%
Slice Solutions, Inc. NY$8.0M · 0.49%
Gallo Vitucci & Klar, LLP NY$8.0M · 0.09%
5W Public Relations NY$7.9M · 0.70%
Cult Health LLC NY$7.8M · 0.87%
Butterflymx, Inc. NY$7.7M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474089399 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.