Plan Ledger DOL Form 5500 · updated monthly

City Winery, LLC401(k)

CITY WINERY 401(K) PS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.59%

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

City Winery, LLC reported $46,961 in plan administrative expenses for 2024: 1.59% of average plan assets, higher than ~90% of peers. Employer contributions averaged $463 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 2.00% to 1.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (4,837th of 5,648), and 1,154th of 2,240 in accommodation & food services. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 302 to 453 since 2022.

Plan summary
Net assets, end of year$3,242,270
Participants with balances158
Active participants453
Employer contributions$209,780
Employee contributions$386,346
Employer contribution per active participant$463
Average account balance$20,521
Benefits paid to participants$375,944
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 158 accts · $210K emplr
2023$2.7M · 146 accts · $179K emplr
2022$1.9M · 185 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,024
Investment management$2,342
Total administrative$46,961
The City Winery, LLC 401(k) match · 2024
Employer contribution per active participant$463
Median for plans this size$1,313
2024$463 per active participant
2023$401 per active participant
2022$687 per active participant

City Winery, LLC's 2024 employer contribution ran below the $1,313 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$2,342
MORNINGSTAR INC DBA MORNINGSTAR$595
PARK AVENUE SECURITIES LLCindirect 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$46,961 · 1.59%
2023$40,762 · 1.77%
2022$40,462 · 2.00%
Similar plansAccommodation & Food Services · New York
Apple Metro, Inc. NY$3.5M · 0.72%
Inns of Aurora, LLC NY$3.4M · 1.73%
Pret a Manger (USA) LTD. NY$3.4M · 0.40%
Dream Hotel Group, LLC NY$3.3M · 0.09%
Rainbow Room, LLC NY$3.2M · 0.08%
Sleeping Giant NY$3.1M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680644994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.