Plan Ledger DOL Form 5500 · updated monthly

Better Collective USA, Inc.401(k)

BETTER COLLECTIVE US RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Better Collective USA, Inc. reported $38,796 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $4,357 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in New York (3,310th of 5,648), and the 604th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,129,181
Participants with balances240
Active participants180
Employer contributions$784,323
Employee contributions$1,573,632
Employer contribution per active participant$4,357
Average account balance$50,538
Benefits paid to participants$1,399,794
Plan auditUnmodified (clean) audit opinion
AuditorLBMC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,796
Total administrative$38,796
The Better Collective USA, Inc. 401(k) match · 2024
Employer contribution per active participant$4,357
Median for plans this size$1,313

Better Collective USA, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
THE VANGUARD GROUP, INC. · Recordkeeping$7,115
ASCENSUS LLC · Recordkeepingindirect comp
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (participants) · Investment advisory (plan)$33,285
ATLANTIC PENSION SERVICES, INC · Plan administrator$1,650

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

Administrative cost history1
2024$38,796 · 0.49%
Same employer
Similar plansArts, Entertainment & Recreation · New York
Westchester Country Club NY$13.1M · 0.02%
Neue Galerie New York NY$12.9M · 0.47%
Intrepid Museum Foundation NY$12.5M · 0.03%
Tr Apparel, LLC NY$11.1M · 0.28%
Asphalt Green, Inc. NY$11.0M · 1.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834617869 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.