Plan Ledger DOL Form 5500 · updated monthly

Currier, McCabe & Associates, Inc.401(k)

CURRIER MCCABE & ASSOCIATES INC 401K PROFIT SHARING PLAN PLAN & TRUST · LATHAM, NY · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Currier, McCabe & Associates, Inc. reported $115,419 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,177 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 0.16% to 0.30%. 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 1,560th-largest of 5,648 plans among New York employers on file, and the 3,210th of 11,654 in professional & technical services. In 2024, employees put in $8.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,523,529
Participants with balances246
Active participants204
Employer contributions$240,137
Employee contributions$1,959,058
Employer contribution per active participant$1,177
Average account balance$168,795
Benefits paid to participants$1,868,496
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ SELIG & ZERONDA, CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$41.5M · 246 accts · $240K emplr
2023$35.4M · 259 accts · $295K emplr
2022$31.5M · 281 accts · $274K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,777
Investment management$28,370
Total administrative$115,419
The Currier, McCabe & Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$1,177
Median for plans this size$2,416
2024$1,177 per active participant
2023$1,417 per active participant
2022$1,376 per active participant

Currier, McCabe & Associates, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
MERRILL LYNCH PIERCE FENNER AND S · Pension consulting · Investment advisory (plan)$78,642
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$33,702
PENSION CONSULTANTS · Contract administrator · Other services$3,075

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$115,419 · 0.30%
2023$54,785 · 0.16%
2022$54,496 · 0.16%
Same employer
Similar plansProfessional & Technical Services · New York
Ruder-Finn, Inc. NY$42.5M · 0.17%
Bluevoyant Management LLC NY$42.2M · 0.21%
Mga Research Corporation NY$41.4M · 0.35%
Pride Capital Partners, LLC NY$40.9M · 0.70%
Weitz & Luxenberg, P.C. NY$40.8M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222580799 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.