Plan Ledger DOL Form 5500 · updated monthly

Dan Klores Communications, LLC401(k)

DAN KLORES COMMUNICATIONS, LLC 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Dan Klores Communications, LLC reported $73,907 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,622 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 0.38% to 0.36%. 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 2,376th-largest of 5,648 plans among New York employers on file, and the 5,201st of 11,654 in professional & technical services. In 2024, employees put in $4.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,001,617
Participants with balances251
Active participants208
Employer contributions$337,393
Employee contributions$1,533,661
Employer contribution per active participant$1,622
Average account balance$87,656
Benefits paid to participants$2,134,421
Plan auditUnmodified (clean) audit opinion
AuditorHCVT CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.0M · 251 accts · $337K emplr
2023$18.8M · 244 accts · $330K emplr
2022$14.5M · 229 accts · $296K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,860
Investment management$35,400
Trustee / custodial$7,332
Total administrative$73,907
The Dan Klores Communications, LLC 401(k) match · 2024
Employer contribution per active participant$1,622
Median for plans this size$2,416
2024$1,622 per active participant
2023$1,586 per active participant
2022$1,303 per active participant

Dan Klores Communications, LLC'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 · 20243
SENTINEL BENEFITS GROUP, LLC · Recordkeeping$30,860
SENTINEL PENSION ADVISORS · Investment advisory (participants) · Investment advisory (plan)$35,400
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)$7,647

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,907 · 0.36%
2023$63,044 · 0.38%
2022$59,104 · 0.38%
Same employer
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Numerix LLC NY$22.5M · 0.31%
Mg Engineering Dpc NY$22.0M · 0.48%
4U Services, Inc. NY$22.0M · 0.46%
Scott-Macon, LTD. NY$22.0M · 0.39%
Coughlin & Gerhart, L.L.P. NY$21.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611568930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.