Plan Ledger DOL Form 5500 · updated monthly

Clear Street Management LLC401(k)

CLEAR STREET 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Clear Street Management LLC reported $18,933 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,545 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 rose from 0.03% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,465th-largest of 5,648 plans among New York employers on file, and the 1,795th of 4,798 in finance & insurance. In 2024, employees put in $2.79 for every $1.00 the employer contributed; active participation has grown from 414 to 537 since 2022.

Plan summary
Net assets, end of year$45,337,315
Participants with balances635
Active participants537
Employer contributions$2,977,620
Employee contributions$8,295,143
Employer contribution per active participant$5,545
Average account balance$71,397
Benefits paid to participants$3,646,881
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH&BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$45.3M · 635 accts · $3.0M emplr
2023$26.7M · 458 accts · $2.2M emplr
2022$15.7M · 374 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,780
Investment management$16,153
Total administrative$18,933
The Clear Street Management LLC 401(k) match · 2024
Employer contribution per active participant$5,545
Median for plans this size$2,416
2024$5,545 per active participant
2023$5,552 per active participant
2022$4,335 per active participant

Clear Street Management LLC'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 · 20243
CETERA ADVISORS LLC · Investment advisory (plan)$12,079
STRATEGIC ADVISORS INC · Investment advisory (plan)$4,074
FIDELITY INVESTMENTS · Loan processing$2,780

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$18,933 · 0.05%
2023$23,007 · 0.11%
2022$4,770 · 0.03%
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Evo Merchant Services, LLC NY$45.8M · 0.49%
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Gemini Space Station, LLC NY$45.1M · 0.08%
Midocean US Advisor LP NY$44.5M · 0.00%
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Source: U.S. Department of Labor, Form 5500 series, EIN 363862498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.