Plan Ledger DOL Form 5500 · updated monthly

Ahmuty, Demers & McManus401(k)

AHMUTY, DEMERS & MCMANUS 401(K) PLAN · ALBERTSON, NY · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Ahmuty, Demers & McManus reported $156,315 in plan administrative expenses for 2023: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,818th-largest of 5,648 plans among New York employers on file, and the 3,816th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$33,674,475
Participants with balances131
Active participants109
Employer contributions$0
Employee contributions$854,078
Employer contribution per active participant$0
Average account balance$257,057
Benefits paid to participants$2,126,664
Plan auditUnmodified (clean) audit opinion
AuditorSHEEHAN & COMPANY,CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$33.1M · 129 accts
2023$33.7M · 131 accts
2022$29.7M · 132 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$156,315
Total administrative$156,315
The Ahmuty, Demers & McManus 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$2,440

Ahmuty, Demers & McManus's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIC OF NEW YORK · Recordkeeping · Investment management$476

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$169,617 · 0.51%
2023$156,315 · 0.49%
2022$159,777 · 0.48%
Same employer
Similar plansProfessional & Technical Services · New York
Robert Derector Pe PC NY$34.4M · 0.06%
Cedar Cares, Inc. NY$34.0M · 0.07%
Guidepoint Global, LLC NY$33.8M · 0.42%
Efpr Group LLP NY$33.7M · 0.16%
Ladas & Parry NY$33.2M · 0.02%
Movable Inc. NY$31.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112588234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.