Plan Ledger DOL Form 5500 · updated monthly

Emplova, LLC401(k)

EMPLOVA 401(K) RETIREMENT SAVINGS PLAN · MELVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Emplova, LLC reported $327,041 in plan administrative expenses for 2024: 0.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $9,676 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 0.40% to 0.45%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 867th-largest of 5,648 plans among New York employers on file, and the 178th of 2,534 in administrative & support services. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 450 to 726 since 2022.

Plan summary
Net assets, end of year$90,372,433
Participants with balances1,054
Active participants726
Employer contributions$7,024,840
Employee contributions$13,705,994
Employer contribution per active participant$9,676
Average account balance$85,742
Benefits paid to participants$5,670,100
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$90.4M · 1,054 accts · $7.0M emplr
2023$54.8M · 796 accts · $5.8M emplr
2022$29.5M · 476 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$253,494
Investment management$62,786
Audit (IQPA)$10,761
Total administrative$327,041
The Emplova, LLC 401(k) match · 2024
Employer contribution per active participant$9,676
Median for plans this size$3,635
2024$9,676 per active participant
2023$33,156 per active participant
2022$7,330 per active participant

Emplova, LLC's 2024 employer contribution ran above the $3,635 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 · 20243
SLAVIC INTEGRATED ADMINISTRATION · Recordkeeping · Loan processing$253,494
SLAVIC MUTUAL FUND MANAGEMENT CORP. · Investment management$62,786
CBIZ CPAS PC · Accounting / audit$10,761

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Slavic401k
2023Slavic401k

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Administrative cost history3
2024$327,041 · 0.45%
2023$171,854 · 0.41%
2022$68,198 · 0.40%
Same employer
Similar plansAdministrative & Support Services · New York
Alcott HR Group, LLC NY$228.2M · 0.44%
Staffco of Brooklyn, LLC NY$154.7M · 0.26%
Kbra Holdings, LLC NY$76.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832401698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.