Plan Ledger DOL Form 5500 · updated monthly

Ergonomic Group, Inc.401(k)

THE ERGONOMIC GROUP, INC. 401(K) PLAN · JERICHO, NY · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Ergonomic Group, Inc. reported $51,407 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.304%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,713th-largest of 5,648 plans among New York employers on file, and the 2,106th of 4,246 in wholesale trade. active participation has grown from 101 to 116 since 2022.

Plan summary
Net assets, end of year$17,604,302
Participants with balances147
Active participants116
Employer contributions$0
Employee contributions$1,120,244
Employer contribution per active participant$0
Average account balance$119,757
Benefits paid to participants$2,220,009
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.6M · 147 accts
2023$16.2M · 133 accts
2022$13.2M · 127 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,887
Investment management$2,520
Total administrative$51,407
The Ergonomic Group, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Ergonomic Group, Inc.'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$48,887

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$51,407 · 0.30%
2023$43,351 · 0.29%
2022$43,464 · 0.30%
Similar plansWholesale Trade · New York
L & R Distributors, Inc. NY$18.1M · 1.13%
Qosina Corp. NY$17.9M · 0.53%
Case Paper Co., Inc. NY$17.9M · 0.60%
Hanes Supply, Inc. NY$17.7M · 0.14%
E. Gluck Corporation NY$17.6M · 0.02%
Wolf-Gordon, Inc. NY$17.3M · 0.64%
Touton Holdings, LTD NY$17.1M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112685111 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.