Plan Ledger DOL Form 5500 · updated monthly

Ellicott Development Company401(k)

ELLICOTT DEVELOPMENT COMPANY 401(K) PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Ellicott Development Company reported $40,393 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $177 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 fell from 0.41% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (3,452nd of 5,648), and the 1,037th of 2,096 in real estate & leasing. In 2024, employees put in $8.28 for every $1.00 the employer contributed; active participation has grown from 370 to 428 since 2022.

Plan summary
Net assets, end of year$11,187,326
Participants with balances143
Active participants428
Employer contributions$75,629
Employee contributions$626,529
Employer contribution per active participant$177
Average account balance$78,233
Benefits paid to participants$1,452,692
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 143 accts · $76K emplr
2023$10.7M · 147 accts · $78K emplr
2022$8.8M · 144 accts · $68K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,716
Investment management$7,160
Trustee / custodial$22,517
Total administrative$40,393
The Ellicott Development Company 401(k) match · 2024
Employer contribution per active participant$177
Median for plans this size$2,416
2024$177 per active participant
2023$161 per active participant
2022$185 per active participant

Ellicott Development Company's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NORTHWEST BANK · Trustee$29,677
DEFINITI$8,613

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$40,393 · 0.37%
2023$38,669 · 0.40%
2022$40,117 · 0.41%
Similar plansReal Estate & Leasing · New York
Thor Equities, LLC NY$11.8M · 0.57%
Relo Redac, Inc. NY$11.7M · 0.96%
Aion Management, LLC NY$11.3M · 1.10%
Orchard Technologies, Inc NY$11.3M · 0.46%
Extell Development Company NY$11.1M · 0.22%
Akam Living Services, Inc. NY$10.6M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161039947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.