Plan Ledger DOL Form 5500 · updated monthly

Chiampou Travis Besaw & Kershner LLP401(k)

CHIAMPOU TRAVIS BESAW & KERSHNER LLP 401(K) PLAN · AMHERST, NY · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Chiampou Travis Besaw & Kershner LLP reported $140,951 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,389 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 3 years on file its reported administrative ratio has held roughly steady near 0.71%. 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 2,401st-largest of 5,648 plans among New York employers on file, and the 5,249th of 11,654 in professional & technical services. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,723,782
Participants with balances193
Active participants147
Employer contributions$645,172
Employee contributions$1,415,081
Employer contribution per active participant$4,389
Average account balance$112,558
Benefits paid to participants$562,352
Plan auditUnmodified (clean) audit opinion
AuditorJEFFREY L OFFHAUS CPA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 193 accts · $645K emplr
2023$17.9M · 193 accts · $599K emplr
2022$14.7M · 183 accts · $369K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,062
Investment management$100,889
Total administrative$140,951
The Chiampou Travis Besaw & Kershner LLP 401(k) match · 2024
Employer contribution per active participant$4,389
Median for plans this size$2,416
2024$4,389 per active participant
2023$4,046 per active participant
2022$2,632 per active participant

Chiampou Travis Besaw & Kershner LLP's 2024 employer contribution ran above the $2,416 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 · 20242
P&A RETIREMENT PLAN SERVICES INC · Contract administrator · Recordkeeping$37,439
LANDMARK WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$100,889

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

Recordkeeper by year2
2024P&A RETIREMENT PLAN SERVICES INC
2023P&A RETIREMENT PLAN SERVICES INC

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Administrative cost history3
2024$140,951 · 0.71%
2023$112,132 · 0.69%
2022$107,855 · 0.70%
Same employer
Similar plansProfessional & Technical Services · New York
4U Services, Inc. NY$22.0M · 0.46%
Scott-Macon, LTD. NY$22.0M · 0.39%
Coughlin & Gerhart, L.L.P. NY$21.8M · 0.01%
The Cementworks, LLC NY$21.7M · 0.50%
King & King Architects, LLP NY$21.5M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161468002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.