Plan Ledger DOL Form 5500 · updated monthly

Atlantis Management Group, LLC401(k)

ATLANTIS MANAGEMENT GROUP, LLC 401(K) PROFIT SHARING PLAN · MT. VERNON, NY · plan year 2024

Reported admin expense ratio · 2024
1.31%

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

Atlantis Management Group, LLC reported $69,937 in plan administrative expenses for 2024: 1.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $697 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 1.21% to 1.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (4,311th of 5,648), and 3,528th of 5,215 in retail trade. In 2024, employees put in $2.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,863,433
Participants with balances679
Active participants599
Employer contributions$417,425
Employee contributions$1,111,019
Employer contribution per active participant$697
Average account balance$8,635
Benefits paid to participants$830,571
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 679 accts · $417K emplr
2023$4.8M · 600 accts · $370K emplr
2022$3.8M · 540 accts · $352K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,476
Investment management$461
Total administrative$69,937
The Atlantis Management Group, LLC 401(k) match · 2024
Employer contribution per active participant$697
Median for plans this size$1,313
2024$697 per active participant
2023$676 per active participant
2022$530 per active participant

Atlantis Management Group, LLC's 2024 employer contribution ran below 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 · 20241
ADP, INC. · Recordkeeping · Investment advisory (participants)$69,937

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$69,937 · 1.31%
2023$51,988 · 1.22%
2022$45,303 · 1.21%
Same employer
Similar plansRetail Trade · New York
Thom Browne Inc NY$6.2M · 0.33%
Van Bortel Ford, Inc. NY$6.0M · 0.43%
Foot Locker Retail, Inc. NY$5.7M · 0.44%
Bally Americas Inc. NY$5.7M · 0.03%
Q4 Designs LLC NY$5.6M · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 472434812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.