Plan Ledger DOL Form 5500 · updated monthly

Desmarais, LLP401(k)

DESMARAIS LLP 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Desmarais, LLP reported $5,919 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $15,438 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 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,641st-largest of 5,648 plans among New York employers on file, and the 3,400th of 11,654 in professional & technical services. In 2024, employees put in $1.06 for every $1.00 the employer contributed; active participation has grown from 119 to 143 since 2022.

Plan summary
Net assets, end of year$38,629,074
Participants with balances206
Active participants143
Employer contributions$2,207,651
Employee contributions$2,329,408
Employer contribution per active participant$15,438
Average account balance$187,520
Benefits paid to participants$2,953,013
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.6M · 206 accts · $2.2M emplr
2023$32.4M · 209 accts · $2.0M emplr
2022$25.4M · 166 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,919
Total administrative$5,919
The Desmarais, LLP 401(k) match · 2024
Employer contribution per active participant$15,438
Median for plans this size$2,416
2024$15,438 per active participant
2023$14,310 per active participant
2022$14,283 per active participant

Desmarais, LLP's 2024 employer contribution ran above the $2,416 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing$1,275

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$5,919 · 0.02%
2023$4,748 · 0.02%
2022$2,935 · 0.01%
Same employer
Similar plansProfessional & Technical Services · New York
McFarland-Johnson, Inc. NY$38.6M · 0.31%
Acv Auctions Inc NY$38.4M · 0.12%
Rosenberg & Estis PC NY$37.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272419103 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.