Plan Ledger DOL Form 5500 · updated monthly

Armhr, LLC401(k)

ARMHR 401(K) RETIREMENT PLAN · EAST SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Armhr, LLC reported $189,155 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $755 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,446th-largest of 5,648 plans among New York employers on file, and the 324th of 2,534 in administrative & support services. In 2024, employees put in $3.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,829,867
Participants with balances1,519
Active participants2,246
Employer contributions$1,695,984
Employee contributions$6,195,063
Employer contribution per active participant$755
Average account balance$30,171
Benefits paid to participants$3,570,415
Plan auditUnmodified (clean) audit opinion
AuditorDERMODY BURKE & BROWN CPAS LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$189,155
Total administrative$189,155
The Armhr, LLC 401(k) match · 2024
Employer contribution per active participant$755
Median for plans this size$2,416

Armhr, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$5,846
VESTWELL · Contract administrator · Investment advisory (plan)$115,352
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$68,000
CHARLES SCHWAB & CO., INC. · Securities brokerageindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$189,155 · 0.55%
Same employer
Similar plansAdministrative & Support Services · New York
24 Seven, LLC NY$59.0M · 0.05%
The Solomon-Page Group, LLC NY$45.5M · 0.36%
Sps North America Inc. NY$43.1M · 1.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810723442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.