Plan Ledger DOL Form 5500 · updated monthly

Andrew & Sons, LLC401(k)

ANDREW & SONS, LLC 401(K) PLAN · WESTHAMPTON BEACH, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Andrew & Sons, LLC reported $17,101 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,812 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 fell from 0.60% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,877th-largest of 5,648 plans among New York employers on file, and the 1,291st of 4,246 in wholesale trade. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has grown from 370 to 451 since 2022.

Plan summary
Net assets, end of year$31,758,941
Participants with balances449
Active participants451
Employer contributions$817,021
Employee contributions$1,805,539
Employer contribution per active participant$1,812
Average account balance$70,733
Benefits paid to participants$795,694
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.8M · 449 accts · $817K emplr
2023$26.1M · 395 accts · $709K emplr
2022$21.7M · 466 accts · $767K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,101
Total administrative$17,101
The Andrew & Sons, LLC 401(k) match · 2024
Employer contribution per active participant$1,812
Median for plans this size$2,416
2024$1,812 per active participant
2023$1,796 per active participant
2022$2,074 per active participant

Andrew & Sons, LLC's 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$17,101
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$17,101 · 0.06%
2023$154,806 · 0.65%
2022$143,418 · 0.60%
Same employer
Similar plansWholesale Trade · New York
Puig North America, Inc. NY$34.1M · 0.25%
Marjam Supply Company, Inc. NY$33.1M · 0.35%
Mast Jaegermeister US NY$33.0M · 0.09%
Michael Skurnik Wines, Inc. NY$31.2M · 0.19%
Natural Organics, Inc. NY$30.9M · 0.03%
Ermenegildo Zegna Corp. NY$30.8M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134121233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.