Plan Ledger DOL Form 5500 · updated monthly

Capital Cities Leasing, Inc.401(k)

CAPITAL CITIES LEASING 401(K) PLAN · WEST SAND LAKE, 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

Capital Cities Leasing, Inc. reported $17,487 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,628 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 0.11% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,706th-largest of 5,648 plans among New York employers on file, and the 747th of 2,096 in real estate & leasing. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 204 to 230 since 2022.

Plan summary
Net assets, end of year$17,666,320
Participants with balances214
Active participants230
Employer contributions$604,516
Employee contributions$1,277,504
Employer contribution per active participant$2,628
Average account balance$82,553
Benefits paid to participants$2,308,075
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL, METZGER, BARR & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 214 accts · $605K emplr
2023$15.8M · 204 accts · $434K emplr
2022$13.6M · 184 accts · $443K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,487
Total administrative$17,487
The Capital Cities Leasing, Inc. 401(k) match · 2024
Employer contribution per active participant$2,628
Median for plans this size$2,416
2024$2,628 per active participant
2023$1,947 per active participant
2022$2,170 per active participant

Capital Cities Leasing, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
SETAWAY LLC$3,825
ASCENSUS LLC · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$17,487 · 0.10%
2023$16,334 · 0.11%
2022$16,261 · 0.11%
Same employer
Similar plansReal Estate & Leasing · New York
Tri City Rentals LLC NY$19.1M · 0.03%
Rockrose Development, LLC NY$18.2M · 0.13%
Postworks New York, LLC NY$17.4M · 0.12%
Gotham Operations, LLC NY$17.3M · 0.37%
Rotterdam Ventures, Inc. NY$17.2M · 0.34%
Fsc Realty Management LLC NY$16.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141504271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.