Plan Ledger DOL Form 5500 · updated monthly

Akf Group LLC401(k)

AKF SAVINGS AND INVESTMENT PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

Akf Group LLC reported $77,149 in plan administrative expenses for 2023: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,075 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 1 year on file its reported administrative ratio fell from 0.16% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,148th-largest of 5,648 plans among New York employers on file, and the 2,231st of 11,654 in professional & technical services. In 2023, employees put in $6.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,805,813
Participants with balances467
Active participants273
Employer contributions$566,599
Employee contributions$3,606,804
Employer contribution per active participant$2,075
Average account balance$136,629
Benefits paid to participants$5,124,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $591K emplr
2023$63.8M · 467 accts · $567K emplr
2022$55.0M · 466 accts · $542K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,925
Investment management$68,224
Total administrative$77,149
The Akf Group LLC 401(k) match · 2023
Employer contribution per active participant$2,075
Median for plans this size$3,659
2023$2,075 per active participant
2022$1,909 per active participant

Akf Group LLC's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$8,925
MORGAN STANLEY WEALTH MANAGEMENT · Pension consulting$68,224
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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Administrative cost history3
2024Not separately reported
2023$77,149 · 0.13%
2022$95,162 · 0.16%
Same employer
Similar plansProfessional & Technical Services · New York
Seatgeek Inc. NY$64.9M · 0.37%
Mdrc NY$64.8M · 0.13%
Erdman Anthony NY$64.3M · 0.13%
Dayton T. Brown Inc. NY$64.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208152697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.