Plan Ledger DOL Form 5500 · updated monthly

Center for Family RepresentationProfit-sharing plan

CENTER FOR FAMILY REPRESENTATION PENSION PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Center for Family Representation reported $6,666 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $4,598 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 0.26% to 0.23%. 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 (4,827th of 5,648), and 10,437th of 11,654 in professional & technical services. active participation has grown from 116 to 157 since 2022.

Plan summary
Net assets, end of year$3,275,635
Participants with balances173
Active participants157
Employer contributions$721,880
Employee contributions—
Employer contribution per active participant$4,598
Average account balance$18,934
Benefits paid to participants$170,305
Plan auditUnmodified (clean) audit opinion
AuditorGALLEROS ROBINSON CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 173 accts · $722K emplr
2023$2.5M · 151 accts · $565K emplr
2022$1.8M · 109 accts · $360K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,666
Total administrative$6,666
Employer contributions to the Center for Family Representation plan · 2024
Employer contribution per active participant$4,598
Median for plans this size$1,313
2024$4,598 per active participant
2023$4,065 per active participant
2022$3,107 per active participant

Center for Family Representation'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 · 20241
ASCENSUS LLC · Recordkeeping$6,666

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$6,666 · 0.23%
2023$5,153 · 0.24%
2022$4,560 · 0.26%
Same employer
Similar plansProfessional & Technical Services · New York
2700 Payroll, Inc. NY$3.4M · 0.75%
Knowledge Builders, Inc. NY$3.1M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510419496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.