Plan Ledger DOL Form 5500 · updated monthly

Bond, Schoeneck & King PLLC401(k)

BOND, SCHOENECK & KING PLLC 401K SAVINGS PLAN · SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Bond, Schoeneck & King PLLC reported $95,856 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,096 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 fell from 0.050% to 0.047%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 441st-largest of 5,648 plans among New York employers on file, and the 759th of 11,654 in professional & technical services. In 2024, employees put in $3.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$214,227,147
Participants with balances743
Active participants520
Employer contributions$1,609,977
Employee contributions$5,890,581
Employer contribution per active participant$3,096
Average account balance$288,327
Benefits paid to participants$11,828,106
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$214.2M · 743 accts · $1.6M emplr
2023$192.2M · 718 accts · $1.8M emplr
2022$161.7M · 684 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,056
Investment management$27,500
Total administrative$95,856
The Bond, Schoeneck & King PLLC 401(k) match · 2024
Employer contribution per active participant$3,096
Median for plans this size$3,635
2024$3,096 per active participant
2023$3,752 per active participant
2022$2,914 per active participant

Bond, Schoeneck & King PLLC's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$64,056
ALESCO ADVISORS LLC · Investment advisory (plan)$27,500

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$95,856 · 0.05%
2023$89,118 · 0.05%
2022$85,992 · 0.05%
All plans at this employer2
BOND, SCHOENECK & KING, PLLC MEMBERS RETIREMENT PLANProfit-sharing plan
BOND, SCHOENECK & KING PLLC 401K SAVINGS PLAN401(k)
Same employer
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Mongodb,Inc. NY$246.6M · 0.02%
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Kasowitz Benson Torres LLP NY$220.1M · 0.09%
Capri Holdings Limited (USA) NY$213.7M · 0.37%
Harris Beach PLLC NY$211.2M · 0.11%
The Npd Group, Inc. NY$208.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270015651 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.