Plan Ledger DOL Form 5500 · updated monthly

Earthbound LLC401(k)

EARTHBOUND LLC 401 K PROFIT SHARING PLAN AND TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Earthbound LLC reported $39,464 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $780 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 0.59% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (4,289th of 5,648), and 2,159th of 3,341 in other services. In 2024, employees put in $7.84 for every $1.00 the employer contributed; active participation has shrunk from 141 to 112 since 2022.

Plan summary
Net assets, end of year$5,965,859
Participants with balances111
Active participants112
Employer contributions$87,317
Employee contributions$684,265
Employer contribution per active participant$780
Average account balance$53,746
Benefits paid to participants$680,926
Plan auditUnmodified (clean) audit opinion
AuditorLM COHEN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 111 accts · $87K emplr
2023$5.0M · 117 accts · $85K emplr
2022$4.1M · 107 accts · $66K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,464
Total administrative$39,464
The Earthbound LLC 401(k) match · 2024
Employer contribution per active participant$780
Median for plans this size$1,313
2024$780 per active participant
2023$668 per active participant
2022$470 per active participant

Earthbound LLC's 2024 employer contribution ran below the $1,313 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 · 20247
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$20,189
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$20,188
CONCIERGE RETIREMENT SERVICES, INC. · Contract administrator$13,113
CONCIERGE RETIREMENT SERVICES, INC · Contract administrator$13,113
EMPOWER ADVISORY GROUP, LLC · Investment management$3,461
GLOBAL RETIREMENT PARTNERS LLCindirect 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$39,464 · 0.72%
2023$30,478 · 0.67%
2022$26,498 · 0.59%
Similar plansOther Services · New York
Lcd Elevator Repair Inc. NY$6.1M · 0.62%
Pathfinder Village, Inc. NY$6.1M · 1.16%
United Way of New York NY$5.9M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134147038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.