Plan Ledger DOL Form 5500 · updated monthly

Asphalt Green, Inc.401(k)

ASPHALT GREEN, INC. PROFIT-SHARING PLAN & TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.26%

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

Asphalt Green, Inc. reported $130,271 in plan administrative expenses for 2024: 1.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $838 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 1.00% to 1.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in New York (3,482nd of 5,648), and the 651st of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.23 for every $1.00 the employer contributed; active participation has grown from 450 to 574 since 2022.

Plan summary
Net assets, end of year$10,964,052
Participants with balances320
Active participants574
Employer contributions$481,096
Employee contributions$593,107
Employer contribution per active participant$838
Average account balance$34,263
Benefits paid to participants$1,248,300
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 320 accts · $481K emplr
2023$9.6M · 429 accts · $440K emplr
2022$8.0M · 403 accts · $332K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,820
Investment management$39,451
Total administrative$130,271
The Asphalt Green, Inc. 401(k) match · 2024
Employer contribution per active participant$838
Median for plans this size$2,416
2024$838 per active participant
2023$888 per active participant
2022$737 per active participant

Asphalt Green, Inc.'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 · 20243
JOHN HANCOCK LIFE INS. CO. OF NY · Recordkeeping · Investment management$70,337
THE BENEFIT PRACTICE · Recordkeeping · Loan processing$20,483
MAGNUS FINANCIAL GROUP LLC · Investment advisory (participants)$39,451

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

Recordkeeper by year2
2024John Hancock, THE BENEFIT PRACTICE
2023John Hancock, THE BENEFIT PRACTICE

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$130,271 · 1.26%
2023$88,880 · 1.01%
2022$74,914 · 1.00%
Same employer
Similar plansArts, Entertainment & Recreation · New York
Better Collective USA, Inc. NY$12.1M · 0.49%
Tr Apparel, LLC NY$11.1M · 0.28%
Adirondack Scenic, Inc. NY$8.9M · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 136533158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.