Plan Ledger DOL Form 5500 · updated monthly

Apax Partners US, LLC401(k)

APAX PARTNERS US, LLC 401(K) RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Apax Partners US, LLC reported $131,189 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $20,233 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 rose from 0.10% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,228th-largest of 5,648 plans among New York employers on file, and the 1,494th of 4,798 in finance & insurance. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$58,538,755
Participants with balances240
Active participants116
Employer contributions$2,346,980
Employee contributions$1,966,112
Employer contribution per active participant$20,233
Average account balance$243,911
Benefits paid to participants$6,375,441
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$58.5M · 240 accts · $2.3M emplr
2023$51.8M · 220 accts · $2.0M emplr
2022$40.4M · 210 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$131,189
Total administrative$131,189
The Apax Partners US, LLC 401(k) match · 2024
Employer contribution per active participant$20,233
Median for plans this size$3,635
2024$20,233 per active participant
2023$18,955 per active participant
2022$18,230 per active participant

Apax Partners US, LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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 · 20244
MORGAN STANLEY · Investment advisory (plan)$79,988
EMPOWER ADVISORY GROUP, LLC · Investment management$11,125
THE BENEFIT PRACTICE · Contract administrator$6,000

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$131,189 · 0.24%
2023$66,889 · 0.15%
2022$42,138 · 0.10%
Same employer
Similar plansFinance & Insurance · New York
Siguler Guff & Company, LP NY$59.0M · 0.06%
Rosenthal & Rosenthal Inc. NY$57.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202520354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.