Plan Ledger DOL Form 5500 · updated monthly

Cowtan & Tout, Inc.401(k)

COWTAN & TOUT, INC. 401(K) SAVINGS PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Cowtan & Tout, Inc. reported $26,108 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,022 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 0.02% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,409th-largest of 5,648 plans among New York employers on file, and the 1,778th of 4,246 in wholesale trade. In 2024, employees put in $3.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,624,270
Participants with balances149
Active participants100
Employer contributions$202,227
Employee contributions$761,456
Employer contribution per active participant$2,022
Average account balance$145,129
Benefits paid to participants$2,011,248
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 149 accts · $202K emplr
2023$20.0M · 157 accts · $222K emplr
2022$17.1M · 158 accts · $238K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,108
Total administrative$26,108
The Cowtan & Tout, Inc. 401(k) match · 2024
Employer contribution per active participant$2,022
Median for plans this size$2,416
2024$2,022 per active participant
2023$2,070 per active participant
2022$2,354 per active participant

Cowtan & Tout, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,107
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)indirect 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$26,108 · 0.13%
2023$15,650 · 0.08%
2022$2,900 · 0.02%
Same employer
Similar plansWholesale Trade · New York
S&K Distribution, LLC NY$23.2M · 0.41%
Dreamwear Inc. NY$22.9M · 0.21%
Tarte, Inc. NY$22.5M · 0.24%
Arc-Com Fabrics, Inc. NY$22.2M · 0.27%
Banfi Products Corporation NY$21.5M · 0.19%
Kurt S. Adler, Inc. NY$20.9M · 0.46%
Hitachi Metals America, LTD NY$20.7M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 132947907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.