Plan Ledger DOL Form 5500 · updated monthly

Efpr Group LLP401(k)

EFPR GROUP LLP 401(K) PROFIT SHARING PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Efpr Group LLP reported $52,840 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $5,786 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 3 years on file its reported administrative ratio has held roughly steady near 0.16%. 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 1,816th-largest of 5,648 plans among New York employers on file, and the 3,813th of 11,654 in professional & technical services. In 2024, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,695,709
Participants with balances185
Active participants146
Employer contributions$844,718
Employee contributions$1,703,990
Employer contribution per active participant$5,786
Average account balance$182,139
Benefits paid to participants$3,507,774
Plan auditUnmodified (clean) audit opinion
AuditorSCHAFFNER, KNIGHT, MINNAUGH & CO PC
Plan history3
Yearassets · accounts · employer contribution
2024$33.7M · 185 accts · $845K emplr
2023$30.5M · 200 accts · $798K emplr
2022$26.4M · 198 accts · $747K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,840
Total administrative$52,840
The Efpr Group LLP 401(k) match · 2024
Employer contribution per active participant$5,786
Median for plans this size$2,416
2024$5,786 per active participant
2023$5,051 per active participant
2022$4,854 per active participant

Efpr Group 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 · 20244
EMPOWER LIFE & ANNUITY INS CO OF NY · Securities brokerage$23,724
MODERN WEALTH HOLDINGS LLC · Investment advisory (plan) · Contract administrator$17,571
LPL FINANCIAL RETIREMENT PARTNERS · Investment advisory (plan)$10,574
BIA CONSULTING LLC DBA ENHANCED · Contract administrator$650

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$52,840 · 0.16%
2023$49,910 · 0.18%
2022$48,182 · 0.17%
Similar plansProfessional & Technical Services · New York
Robert Derector Pe PC NY$34.4M · 0.06%
Cedar Cares, Inc. NY$34.0M · 0.07%
Guidepoint Global, LLC NY$33.8M · 0.42%
Ahmuty, Demers & McManus NY$33.7M · 0.49%
Ladas & Parry NY$33.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472070220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.