Plan Ledger DOL Form 5500 · updated monthly

Eclaro International, Inc.401(k)

ECLARO INTERNATIONAL, INC.401(K) PROFIT SHARING PLAN AND TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.39%

Eclaro International, Inc. reported $85,147 in plan administrative expenses for 2024: 1.39% of average plan assets, higher than ~90% of peers. 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 3 years on file its reported administrative ratio has held roughly steady near 1.387%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (4,175th of 5,648), and 9,212th of 11,654 in professional & technical services. active participation has grown from 463 to 1,588 since 2022.

Plan summary
Net assets, end of year$6,486,156
Participants with balances361
Active participants1,588
Employer contributions—
Employee contributions$601,377
Employer contribution per active participant—
Average account balance$17,967
Benefits paid to participants$668,293
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 361 accts
2023$5.8M · 362 accts
2022$4.7M · 383 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,221
Investment management$24,926
Total administrative$85,147
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$42,066
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan) · Pension consulting$24,800
ORENDA RETIREMENT, LLC · Other services · Contract administrator$18,155

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$85,147 · 1.39%
2023$69,278 · 1.32%
2022$71,244 · 1.39%
Similar plansProfessional & Technical Services · New York
Upstack, Inc. NY$6.5M · 0.54%
Glia Technologies, Inc. NY$6.5M · 0.43%
Cte Incorporated NY$6.5M · 0.41%
Levelup Hcs, LLC NY$6.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731703199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.