Plan Ledger DOL Form 5500 · updated monthly

American Exchange Time LLC401(k)

AMERICAN EXCHANGE TIME LLC 401(K) PROFIT SHARING PLAN & TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

American Exchange Time LLC reported $24,327 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $1,641 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 3 years on file its reported administrative ratio has held roughly steady near 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (4,469th of 5,648), and 11,181st of 13,661 in manufacturing. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 193 to 254 since 2022.

Plan summary
Net assets, end of year$5,030,904
Participants with balances163
Active participants254
Employer contributions$416,744
Employee contributions$865,993
Employer contribution per active participant$1,641
Average account balance$30,864
Benefits paid to participants$510,506
Plan auditUnmodified (clean) audit opinion
AuditorLM COHEN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 163 accts · $417K emplr
2023$3.0M · 120 accts · $278K emplr
2022$1.9M · 109 accts · $261K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,470
Investment management$9,997
Trustee / custodial$860
Total administrative$24,327
The American Exchange Time LLC 401(k) match · 2024
Employer contribution per active participant$1,641
Median for plans this size$1,313
2024$1,641 per active participant
2023$1,124 per active participant
2022$1,350 per active participant

American Exchange Time LLC's 2024 employer contribution ran above 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 · 20242
PAYCHEX, INC. · Recordkeeping$13,705
MOSHE ARONOV · Investment advisory (participants)$9,349

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

Recordkeeper by year2
2024Paychex
2023MOSHE ARONOV, Paychex

This plan has changed recordkeepers within these filings. If you left American Exchange Time LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,327 · 0.60%
2023$14,923 · 0.60%
2022$11,493 · 0.63%
Similar plansManufacturing · New York
Whitcraft LLC NY$5.0M · 0.38%
Teamworld, Inc. NY$4.9M · 0.59%
Cmp Ams USA, Inc NY$4.7M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261823429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.