Plan Ledger DOL Form 5500 · updated monthly

Davis+Gilbert LLP401(k)

DAVIS+GILBERT LLP PROFIT SHARING RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Davis+Gilbert LLP reported $214,336 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $23,631 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 0.18% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 593rd-largest of 5,648 plans among New York employers on file, and the 1,045th of 11,654 in professional & technical services. In 2024, the employer put in $1.65 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$149,218,208
Participants with balances168
Active participants135
Employer contributions$3,190,161
Employee contributions$1,933,223
Employer contribution per active participant$23,631
Average account balance$888,204
Benefits paid to participants$8,882,999
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH & BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$149.2M · 168 accts · $3.2M emplr
2023$131.5M · 168 accts · $3.1M emplr
2022$109.3M · 166 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,081
Investment management$177,255
Total administrative$214,336
The Davis+Gilbert LLP 401(k) match · 2024
Employer contribution per active participant$23,631
Median for plans this size$3,635
2024$23,631 per active participant
2023$22,957 per active participant
2022$21,521 per active participant

Davis+Gilbert LLP's 2024 employer contribution ran above the $3,635 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 · 20247
SCHWAB RETIREMENT PLAN SERVICES, IN · Recordkeeping · Investment advisory (participants)$37,181
WEALTHSPIRE ADVISORS LLC · Investment advisory (participants)$57,887
CITY NATIONAL ROCHDALE LLC · Investment advisory (participants)$53,519
HIGHTOWER ADVISORS LLC · Investment advisory (participants)$34,987
ABACUS WEALTH PARTNERS LLC · Investment advisory (participants)$16,814
MJB ASSET MANAGEMENT LLC · Investment advisory (participants)$11,895
CHARLES SCHWAB & CO., INC. · Securities brokerage$4,292

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$214,336 · 0.15%
2023$200,790 · 0.17%
2022$210,939 · 0.18%
Same employer
Similar plansProfessional & Technical Services · New York
Schulte Roth & Zabel LLP NY$156.5M · 0.01%
Bonadio & Co., LLP NY$150.2M · 0.12%
Labella Associates, D.P.C. NY$150.0M · 0.11%
Sh Group, Inc. NY$140.7M · 0.08%
Flatiron Health, Inc. NY$138.1M · 0.03%
Clyde & Co US LLP NY$136.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131504385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.