Plan Ledger DOL Form 5500 · updated monthly

Bay Ridge Automotive Management Corp.401(k)

BAY RIDGE AUTOMOTIVE MANAGEMENT CORP. 401(K) EMPLOYEE SAVINGS PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

Bay Ridge Automotive Management Corp. reported $103,115 in plan administrative expenses for 2024: 0.23% 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 0.16% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,430th-largest of 5,648 plans among New York employers on file, and the 319th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$46,648,646
Participants with balances864
Active participants854
Employer contributions—
Employee contributions$3,769,685
Employer contribution per active participant—
Average account balance$53,991
Benefits paid to participants$4,968,238
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.6M · 864 accts
2023$42.6M · 1,038 accts
2022$38.2M · 987 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,115
Total administrative$103,115
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 · 20242
ROYAL ALLIANCE ASSOCIATES, INC$40,000
ASSOCIATED PENSION CONSULTANTS 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$103,115 · 0.23%
2023$67,122 · 0.17%
2022$65,496 · 0.16%
Same employer
Similar plansAdministrative & Support Services · New York
Manhattan West LLC NY$69.1M · 0.00%
24 Seven, LLC NY$59.0M · 0.05%
Armhr, LLC NY$45.8M · 0.55%
The Solomon-Page Group, LLC NY$45.5M · 0.36%
Sps North America Inc. NY$43.1M · 1.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112858341 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.