Barasch & McGarry, P.C., dba Barasch McGarry Salzman & Penson401(k)

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

Barasch & McGarry, P.C., dba Barasch McGarry Salzman & Penson reported $81,342 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,227 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 3 years on file its reported administrative ratio has held roughly steady near 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,585th-largest of 5,648 plans among New York employers on file, and the 5,686th of 11,654 in professional & technical services. In 2024, the employer put in $1.53 for every $1.00 employees contributed themselves; active participation has grown from 160 to 206 since 2022.