Plan Ledger DOL Form 5500 · updated monthly

Advanced Disaster Recovery, Inc.401(k)

ADVANCED DISASTER RECOVERY, INC. RETIREMENT SAVINGS PLAN · NEW HAMPTON, NY · plan year 2024

Reported admin expense ratio · 2024
1.45%

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

Advanced Disaster Recovery, Inc. reported $24,839 in plan administrative expenses for 2024: 1.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $984 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New York (5,151st of 5,648), and 4,857th of 5,337 in construction. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,908,472
Participants with balances219
Active participants185
Employer contributions$181,955
Employee contributions$425,371
Employer contribution per active participant$984
Average account balance$8,714
Benefits paid to participants$585,911
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,839
Total administrative$24,839
The Advanced Disaster Recovery, Inc. 401(k) match · 2024
Employer contribution per active participant$984
Median for plans this size$1,313

Advanced Disaster Recovery, Inc.'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 · 20244
RETIREWELL ADMINISTRATORS, INC. · Recordkeeping$5,176
LPL FINANCIAL CORPORATION · Investment advisory (plan)$4,028
WILSHIRE ASSOCIATES INC · Investment advisory (plan)$820

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

Administrative cost history1
2024$24,839 · 1.45%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 854084019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.