Plan Ledger DOL Form 5500 · updated monthly

Borah, Goldstein, Altschuler,401(k)

BORAH, GOLDSTEIN, ALTSCHULER, NAHINS & GOIDEL, P.C. · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Borah, Goldstein, Altschuler, reported $8,856 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $770 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 0.08% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,761st-largest of 5,648 plans among New York employers on file, and 6,140th of 11,654 in professional & technical services. In 2024, employees put in $13.53 for every $1.00 the employer contributed; active participation has shrunk from 122 to 89 since 2022.

Plan summary
Net assets, end of year$16,994,632
Participants with balances121
Active participants89
Employer contributions$68,550
Employee contributions$927,448
Employer contribution per active participant$770
Average account balance$140,452
Benefits paid to participants$871,500
Plan auditUnmodified (clean) audit opinion
AuditorSATTY, LEVINE & CIACCO, CPA'S PC
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 121 accts · $69K emplr
2023$15.0M · 124 accts · $65K emplr
2022$12.9M · 118 accts · $58K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,577
Investment management$7,279
Total administrative$8,856
The Borah, Goldstein, Altschuler, 401(k) match · 2024
Employer contribution per active participant$770
Median for plans this size$2,416
2024$770 per active participant
2023$722 per active participant
2022$474 per active participant

Borah, Goldstein, Altschuler,'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.

Administrative cost history3
2024$8,856 · 0.06%
2023$12,805 · 0.09%
2022$11,239 · 0.08%
Similar plansProfessional & Technical Services · New York
Positive Promotions, Inc. NY$17.4M · 0.56%
Quebit Consulting, LLC NY$17.0M · 0.00%
Outbrain Inc. NY$17.0M · 0.63%
Paedae Inc dba Infillion NY$17.0M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 112512985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.