Plan Ledger DOL Form 5500 · updated monthly

Anchorage Capital Group, LLC401(k)

ANCHORAGE CAPITAL GROUP, LLC 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.01%

Anchorage Capital Group, LLC reported $1,555 in plan administrative expenses for 2023: 0.01% of average plan assets, lower 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 has held roughly steady near 0.006%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,044th-largest of 5,648 plans among New York employers on file, and 2,512th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$28,155,099
Participants with balances170
Active participants89
Employer contributions—
Employee contributions$1,505,403
Employer contribution per active participant—
Average account balance$165,618
Benefits paid to participants$3,581,822
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$28.2M · 170 accts
2022$25.1M · 177 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,555
Total administrative$1,555
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 · 20232
ADP, INC. · Loan processing · Recordkeeping$1,555
ADP BROKER-DEALER · Other servicesindirect comp

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

Administrative cost history2
2023$1,555 · 0.01%
2022$1,639 · 0.01%
Similar plansFinance & Insurance · New York
Sterling & Sterling, LLC NY$28.1M · 0.42%
Gemini Trust Company, LLC NY$28.0M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 200042271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.