Plan Ledger DOL Form 5500 · updated monthly

Autel US Inc401(k)

AUTEL US INC 401(K) PROFIT SHARING PLAN & TRUST · PORT WASHINGTON, NY · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Autel US Inc reported $16,639 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,651 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 1.17% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (4,614th of 5,648), and 2,411th of 3,341 in other services. In 2024, employees put in $2.84 for every $1.00 the employer contributed; active participation has grown from 113 to 162 since 2022.

Plan summary
Net assets, end of year$4,359,763
Participants with balances203
Active participants162
Employer contributions$267,410
Employee contributions$759,738
Employer contribution per active participant$1,651
Average account balance$21,477
Benefits paid to participants$151,102
Plan auditUnmodified (clean) audit opinion
AuditorWAGNER FERBER FINE & ACKERMAN, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 203 accts · $267K emplr
2023$3.0M · 189 accts · $199K emplr
2022$1.9M · 196 accts · $152K emplr
Administrative expenses, itemized · 2024
Investment management$16,639
Total administrative$16,639
The Autel US Inc 401(k) match · 2024
Employer contribution per active participant$1,651
Median for plans this size$1,313
2024$1,651 per active participant
2023$1,216 per active participant
2022$1,347 per active participant

Autel US Inc's 2024 employer contribution ran above 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
USI CONSULTING GROUP INC · Other servicesindirect comp

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

Administrative cost history3
2024$16,639 · 0.45%
2023$35,767 · 1.47%
2022$20,992 · 1.17%
Similar plansOther Services · New York
Xwell NY$4.5M · 1.03%
Boyce Technologies, Inc. NY$4.5M · 0.32%
Stel, Inc. NY$3.8M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452320063 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.