Plan Ledger DOL Form 5500 · updated monthly

Capital Rx401(k)

CAPITAL RX 401(K) PLAN · NEW YORK CITY, 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

Capital Rx reported $9,396 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5 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 administrative & support services employers. By assets it is the 2,513th-largest of 5,648 plans among New York employers on file, and the 611th of 2,534 in administrative & support services. In 2024, employees put in $1250.37 for every $1.00 the employer contributed; active participation has grown from 423 to 792 since 2022.

Plan summary
Net assets, end of year$20,229,767
Participants with balances743
Active participants792
Employer contributions$4,052
Employee contributions$5,066,499
Employer contribution per active participant$5
Average account balance$27,227
Benefits paid to participants$1,326,119
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 743 accts · $4K emplr
2023$11.6M · 507 accts · $2K emplr
2022$7.4M · 330 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,394
Investment management$2,002
Total administrative$9,396
The Capital Rx 401(k) match · 2024
Employer contribution per active participant$5
Median for plans this size$2,416
2024$5 per active participant
2023$3 per active participant

Capital Rx'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 · 20241
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$7,394

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$9,396 · 0.06%
2023$4,795 · 0.05%
2022$5,062 · 0.08%
Same employer
Similar plansAdministrative & Support Services · New York
Dejana Industries, Inc. NY$22.0M · 0.90%
Green Key of Delaware LLC NY$20.8M · 0.07%
Stuart Dean Company, Inc. NY$20.0M · 0.21%
Deployed Resources LLC NY$19.3M · 0.67%
Sentry Centers Holdings LLC NY$18.2M · 0.46%
New World Travel, Inc. NY$18.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352612946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.