Plan Ledger DOL Form 5500 · updated monthly

Cellino Law, LLP401(k)

CELLINO LAW, LLP 401(K) PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Cellino Law, LLP reported $38,139 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $3,037 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 0.67% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,892nd of 5,648), and 8,613th of 11,654 in professional & technical services. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 101 to 118 since 2022.

Plan summary
Net assets, end of year$8,187,045
Participants with balances116
Active participants118
Employer contributions$358,412
Employee contributions$777,181
Employer contribution per active participant$3,037
Average account balance$70,578
Benefits paid to participants$143,418
Plan auditUnmodified (clean) audit opinion
AuditorEFPR GROUP, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 116 accts · $358K emplr
2023$6.0M · 102 accts · $290K emplr
2022$5.2M · 100 accts · $285K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,347
Investment management$21,792
Total administrative$38,139
The Cellino Law, LLP 401(k) match · 2024
Employer contribution per active participant$3,037
Median for plans this size$1,313
2024$3,037 per active participant
2023$2,840 per active participant
2022$2,826 per active participant

Cellino Law, LLP's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20244
MODERN WEALTH HOLDINGS, LLC · Investment advisory (plan) · Contract administrator$17,149
LPL FINANCIAL · Investment advisory (plan)$4,643
BIA CONSULTING LLC DBA ENHANCED · Contract administrator$2,075

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$38,139 · 0.54%
2023$20,712 · 0.37%
2022$39,967 · 0.67%
Similar plansProfessional & Technical Services · New York
Laforce & Company, LLC NY$8.3M · 0.01%
Tully Rinckey PLLC NY$8.3M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844131021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.