Areba Casriel, Inc.401(k)
AREBA CASRIEL, INC. 401(K) UNION RETIREMENT PLAN · BROOKLYN, NY · plan year 2020
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Areba Casriel, Inc. reported $805 in plan administrative expenses for 2020: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $956 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 0.14% to 0.13%. The plan sits in the under $1M size bracket, benchmarked here against 109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,433rd of 5,648), and 11,273rd of 11,911 in health care & social assistance. In 2020, the employer put in $2.44 for every $1.00 employees contributed themselves.
Areba Casriel, Inc.'s 2020 employer contribution ran above the $246 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.
Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 133113707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.