Plan Ledger DOL Form 5500 · updated monthly

Coughlin & Gerhart, L.L.P.401(k)

COUGHLIN & GERHART, L.L.P. PROFIT SHARING PLAN · BINGHAMTON, NY · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Coughlin & Gerhart, L.L.P. reported $2,462 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,507 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,397th-largest of 5,648 plans among New York employers on file, and the 5,233rd of 11,654 in professional & technical services. In 2023, employees put in $1.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,810,532
Participants with balances138
Active participants103
Employer contributions$567,191
Employee contributions$620,045
Employer contribution per active participant$5,507
Average account balance$158,047
Benefits paid to participants$2,605,315
Plan auditUnmodified (clean) audit opinion
AuditorINSERO & CO. CPA'S, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.3M · 144 accts · $580K emplr
2023$21.8M · 138 accts · $567K emplr
2022$20.6M · 130 accts · $540K emplr
Administrative expenses, itemized · 2023
Investment management$2,462
Total administrative$2,462
The Coughlin & Gerhart, L.L.P. 401(k) match · 2023
Employer contribution per active participant$5,507
Median for plans this size$2,440
2024$5,689 per active participant
2023$5,507 per active participant
2022$5,505 per active participant

Coughlin & Gerhart, L.L.P.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$4,048 · 0.02%
2023$2,462 · 0.01%
2022$2,259 · 0.01%
Similar plansProfessional & Technical Services · New York
4U Services, Inc. NY$22.0M · 0.46%
Scott-Macon, LTD. NY$22.0M · 0.39%
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 150521967 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.