Plan Ledger DOL Form 5500 · updated monthly

Empire Recycling Corporation401(k)

EMPIRE RECYCLING CORPORATION EMPLOYEE SAVINGS PLAN · UTICA, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Empire Recycling Corporation reported $5,500 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,163 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 0.06% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New York (3,828th of 5,648), and 3,124th of 4,246 in wholesale trade. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,564,897
Participants with balances207
Active participants156
Employer contributions$337,454
Employee contributions$549,396
Employer contribution per active participant$2,163
Average account balance$41,376
Benefits paid to participants$172,586
Plan auditUnmodified (clean) audit opinion
AuditorFITZGERALD, DEPIETRO & WOJNAS, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 207 accts · $337K emplr
2023$6.9M · 205 accts · $343K emplr
2022$6.6M · 216 accts · $379K emplr
The Empire Recycling Corporation 401(k) match · 2024
Employer contribution per active participant$2,163
Median for plans this size$1,313
2024$2,163 per active participant
2023$2,212 per active participant
2022$2,283 per active participant

Empire Recycling Corporation's 2024 employer contribution ran above 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 · 20242
LPL FINANCIALindirect comp
BENEFIT PLANS ADMINISTRATIVE SERV · Other servicesindirect 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$5,500 · 0.07%
2023$5,700 · 0.08%
2022$3,900 · 0.06%
Same employer
Similar plansWholesale Trade · New York
Delta Enterprise Corp. NY$8.5M · 0.72%
Ted Baker Limited NY$8.4M · 0.05%
Power Drives, Inc. NY$8.3M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150300260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.