Plan Ledger DOL Form 5500 · updated monthly

Approved Storage and Waste Hauling Inc401(k)

APPROVED STORAGE AND WASTE HAULING 401(K) PROFIT SHARING PLAN · MOUNT VERNON, NY · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Approved Storage and Waste Hauling Inc reported $15,243 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,376 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 0.05% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (4,915th of 5,648), and 1,762nd of 2,534 in administrative & support services. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has grown from 160 to 233 since 2022.

Plan summary
Net assets, end of year$2,974,909
Participants with balances302
Active participants233
Employer contributions$320,510
Employee contributions$380,915
Employer contribution per active participant$1,376
Average account balance$9,851
Benefits paid to participants$198,439
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 302 accts · $321K emplr
2023$2.2M · 283 accts · $235K emplr
2022$1.7M · 238 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,243
Total administrative$15,243
The Approved Storage and Waste Hauling Inc 401(k) match · 2024
Employer contribution per active participant$1,376
Median for plans this size$1,313
2024$1,376 per active participant
2023$1,191 per active participant
2022$1,251 per active participant

Approved Storage and Waste Hauling Inc'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 · 20243
RETIREMENT & BENEFIT SYSTEMS, LLC · Contract administrator$7,560
EMPOWER ADVISORY GROUP, LLC · Investment management$748

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$15,243 · 0.58%
2023$6,486 · 0.33%
2022$817 · 0.05%
Similar plansAdministrative & Support Services · New York
Datrose, Inc. NY$3.3M · 0.29%
Brosnan Risk Consultants NY$3.3M · 1.14%
Indagare Travel, Inc. NY$2.9M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133917308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.