Plan Ledger DOL Form 5500 · updated monthly

Archbright Multiple Employer Plan Board of Directors401(k)

ARCHBRIGHT MULTIPLE EMPLOYER PLAN AS ADOPTED BY ASSOCIATION SERVICES OF WASHINGTON, INC. · WHITE PLAINS, NY · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Archbright Multiple Employer Plan Board of Directors reported $55,130 in plan administrative expenses for 2023: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,783 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 1 year on file its reported administrative ratio fell from 0.54% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,381st of 5,648), and 7,506th of 11,654 in professional & technical services. In 2023, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,606,354
Participants with balances148
Active participants103
Employer contributions$389,690
Employee contributions$847,535
Employer contribution per active participant$3,783
Average account balance$78,421
Benefits paid to participants$1,358,874
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$11.6M · 148 accts · $390K emplr
2022$10.0M · 152 accts · $333K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$55,130
Total administrative$55,130
The Archbright Multiple Employer Plan Board of Directors 401(k) match · 2023
Employer contribution per active participant$3,783
Median for plans this size$2,440
2023$3,783 per active participant
2022$3,335 per active participant

Archbright Multiple Employer Plan Board of Directors's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PENTEGRA SERVICES, INC. · Recordkeeping$54,765
TRUTINA FINANCIAL · Investment advisory (participants) · Investment advisory (plan)indirect comp
RELIANCE TRUST · Custodialindirect 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$55,130 · 0.51%
2022$58,590 · 0.54%
All plans at this employer2
ARCHBRIGHT MULTIPLE EMPLOYER PLAN AS ADOPTED BY ASSOCIATION SERVICES OF WASHINGTON, INC.401(k)
ARCHBRIGHT MULTIPLE EMPLOYER PLAN AS ADOPTED BY HAAKON INDUSTRIES, INC.401(k)
Similar plansProfessional & Technical Services · New York
Deepintent, Inc. NY$11.8M · 0.27%
Lockard & Wechsler LLC NY$11.8M · 0.37%
Mission North, Inc. NY$11.6M · 0.61%
Ema Design Automation Inc NY$11.6M · 0.29%
Rheonix, Inc. NY$11.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471833207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.