Plan Ledger DOL Form 5500 · updated monthly

East Coast Capital Corp401(k)

EAST COAST CAPITAL CORP 401K PROFIT SHARING PLAN AND TRUST · MELVILLE, NY · plan year 2022

Reported admin expense ratio · 2022
1.02%

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

East Coast Capital Corp reported $30,898 in plan administrative expenses for 2022: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New York (4,891st of 5,648), and 4,588th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$3,037,534
Participants with balances64
Active participants161
Employer contributions$0
Employee contributions$599,792
Employer contribution per active participant$0
Average account balance$47,461
Benefits paid to participants$111,925
Plan auditUnmodified (clean) audit opinion
AuditorJANOVER, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,544
Investment management$23,354
Total administrative$30,898
The East Coast Capital Corp 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

East Coast Capital Corp's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$30,898 · 1.02%
Similar plansFinance & Insurance · New York
Reliant Funding NY$3.8M · 0.91%
Xcel Brands, Inc. NY$3.8M · 0.69%
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Vindex LLC NY$2.4M · 0.54%
Sprout Mortgage LLC NY$2.1M · 1.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113468642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.