Plan Ledger DOL Form 5500 · updated monthly

Avenue Capital Management II, LP401(k)

AVENUE CAPITAL GROUP AND AFFILIATES 401(K) PROFIT SHARING · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.29%

Avenue Capital Management II, LP reported $100,458 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. 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 0.21% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,694th-largest of 5,648 plans among New York employers on file, and the 2,077th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$37,273,410
Participants with balances163
Active participants129
Employer contributions—
Employee contributions$2,095,879
Employer contribution per active participant—
Average account balance$228,671
Benefits paid to participants$1,278,923
Plan auditUnmodified (clean) audit opinion
AuditorEISNERAMPER
Plan history3
Yearassets · accounts · employer contribution
2024$37.3M · 163 accts
2023$31.7M · 161 accts
2022$29.4M · 161 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,909
Investment management$62,549
Total administrative$100,458
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
FIRST REPUBLIC INVESTMENT MANAGEMEN · Recordkeeping · Trustee$62,549
ADP, INC. · Loan processing · Recordkeeping$37,909
ADP BROKER-DEALERindirect comp

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, FIRST REPUBLIC INVESTMENT MANAGEMEN
2023ADP, FIRST REPUBLIC INVESTMENT MANAGEMEN

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Administrative cost history3
2024$100,458 · 0.29%
2023$106,968 · 0.35%
2022$68,446 · 0.21%
Same employer
Similar plansFinance & Insurance · New York
Strike Technologies LLC NY$37.5M · 0.42%
Galaxy Digital Services LLC NY$37.5M · 0.15%
Carco Group, Inc. NY$37.4M · 0.31%
Americu Credit Union NY$36.9M · 0.13%
China Merchants Bank NY$36.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522258514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.