Plan Ledger DOL Form 5500 · updated monthly

American Transit Insurance Company401(k)

AMERICAN TRANSIT INSURANCE COMPANY 401(K) PROFIT SHARING PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.50%

American Transit Insurance Company reported $161,518 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. 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 fell from 0.58% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,771st-largest of 5,648 plans among New York employers on file, and the 2,191st of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$34,650,948
Participants with balances525
Active participants525
Employer contributions—
Employee contributions$2,196,727
Employer contribution per active participant—
Average account balance$66,002
Benefits paid to participants$1,075,284
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.7M · 525 accts
2023$30.0M · 532 accts
2022$25.7M · 568 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$161,518
Total administrative$161,518
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
EMPOWER ADVISORY GROUP LLC · Investment management$68,669
PRIVATE ADVISOR GROUP LLC · Investment advisory (plan)$48,842
SIDE BY SIDE FINANCIALS INC · Contract administrator$25,459

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$161,518 · 0.50%
2023$162,309 · 0.58%
2022$162,173 · 0.58%
Same employer
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Granite Associates, L.P. NY$34.7M · 0.02%
Cfcu Community Credit Union NY$34.6M · 0.18%
Pretium Employer, LLC NY$34.6M · 0.01%
Coatue Management, LLC NY$34.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132724937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.