Plan Ledger DOL Form 5500 · updated monthly

Bette & Cring, LLC401(k)

BETTE & CRING, LLC RETIREMENT PLAN & TRUST · LATHAM, NY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Bette & Cring, LLC reported $49,342 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $9,052 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 0.07% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 1,302nd-largest of 5,648 plans among New York employers on file, and the 1,000th of 5,337 in construction. In 2024, the employer put in $1.37 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$53,715,021
Participants with balances280
Active participants163
Employer contributions$1,475,526
Employee contributions$1,073,671
Employer contribution per active participant$9,052
Average account balance$191,839
Benefits paid to participants$2,770,081
Plan auditUnmodified (clean) audit opinion
AuditorTEAL, BECKER & CHIARAMONTE CPAS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$53.7M · 280 accts · $1.5M emplr
2023$47.2M · 277 accts · $1.3M emplr
2022$42.2M · 275 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,205
Audit (IQPA)$14,750
Trustee / custodial$31,387
Total administrative$49,342
The Bette & Cring, LLC 401(k) match · 2024
Employer contribution per active participant$9,052
Median for plans this size$3,635
2024$9,052 per active participant
2023$8,575 per active participant
2022$7,781 per active participant

Bette & Cring, LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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 · 20245
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processingindirect comp
NBT BANK · Trustee$34,592
TEAL, BECKER & CHIARAMONTE CPAS PC · Accounting / audit$14,750
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect 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
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$49,342 · 0.10%
2023$30,791 · 0.07%
2022$30,011 · 0.07%
Same employer
Similar plansConstruction · New York
Gil-Bar Industries Inc NY$56.3M · 0.28%
Jwd Group, Inc. NY$53.0M · 0.00%
Iovino Enterprises, LLC NY$50.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161562780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.