Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Division a Annuity Fund401(k)

DIVISION A ANNUITY FUND · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.40%

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

Board of Trustees of Division a Annuity Fund reported $145,519 in plan administrative expenses for 2024: 1.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $231 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 1.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (3,443rd of 5,648), and the 510th of 2,240 in accommodation & food services. In 2024, employees put in $4.75 for every $1.00 the employer contributed; active participation has grown from 696 to 770 since 2022.

Plan summary
Net assets, end of year$11,228,063
Participants with balances1,145
Active participants770
Employer contributions$177,636
Employee contributions$843,311
Employer contribution per active participant$231
Average account balance$9,806
Benefits paid to participants$309,833
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 1,145 accts · $178K emplr
2023$9.5M · 1,172 accts · $173K emplr
2022$8.1M · 1,147 accts · $149K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,307
Audit (IQPA)$25,000
Trustee / custodial$5,660
Total administrative$145,519
The Board of Trustees of Division a Annuity Fund 401(k) match · 2024
Employer contribution per active participant$231
Median for plans this size$2,416
2024$231 per active participant
2023$215 per active participant
2022$214 per active participant

Board of Trustees of Division a Annuity Fund's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
AMERITAS LIFE INSURANCE CORP · Recordkeeping · Loan processing$49,346
NOVAK FRANCELLA, LLC · Accounting / audit$26,961
PITTA LLP · Legal$20,497
SEGAL MARCO ADVISORS, INC. · Consulting$20,000
JPMORGAN CHASE BANK, N.A. · Other services$5,660

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history3
2024$145,519 · 1.40%
2023$161,968 · 1.84%
2022$123,666 · 1.44%
Similar plansAccommodation & Food Services · New York
Lotte New York Palace, LLC. NY$12.3M · 0.57%
Bill Grays, Inc. NY$12.3M · 0.49%
Pier Sixty LLC NY$11.8M · 0.01%
Leatherstocking Corporation NY$11.6M · 0.08%
Meyers Rv Superstore NY$11.0M · 0.73%
Ace Hotel Group, LLC NY$10.7M · 0.53%
Collegetown Bagels, Inc. NY$10.5M · 0.41%
Eos Hospitality, LLC NY$10.4M · 0.44%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 562290624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.