Plan Ledger DOL Form 5500 · updated monthly

Firemens Association of the State of New York401(k)

FIREMEN'S ASSOCIATION OF THE STATE OF NEW YORK 401(K) RETIREMENT PLAN · ALBANY, NY · plan year 2025

Reported admin expense ratio · 2025
0.64%

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

Firemens Association of the State of New York reported $34,411 in plan administrative expenses for 2025: 0.64% of average plan assets, above the peer median. Employer contributions averaged $3,339 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 4 years on file its reported administrative ratio has held roughly steady near 0.640%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (4,292nd of 5,648), and 2,160th of 3,341 in other services. In 2025, the employer put in $1.25 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,957,901
Participants with balances207
Active participants129
Employer contributions$430,710
Employee contributions$345,886
Employer contribution per active participant$3,339
Average account balance$28,782
Benefits paid to participants$304,707
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$6.0M · 207 accts · $431K emplr
2024$4.8M · 186 accts · $416K emplr
2023$4.1M · 195 accts · $403K emplr
2022$3.3M · 186 accts · $280K emplr
Administrative expenses, itemized · 2025
Investment management$34,411
Total administrative$34,411
The Firemens Association of the State of New York 401(k) match · 2025
Employer contribution per active participant$3,339
Median for plans this size$1,464
2025$3,339 per active participant
2024$3,466 per active participant
2023$3,151 per active participant
2022$2,337 per active participant

Firemens Association of the State of New York's 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$34,411

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

Recordkeeper by year3
2025Transamerica
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$34,411 · 0.64%
2024$29,447 · 0.66%
2023$24,608 · 0.66%
2022$22,181 · 0.64%
Same employer
Similar plansOther Services · New York
Lcd Elevator Repair Inc. NY$6.1M · 0.62%
Pathfinder Village, Inc. NY$6.1M · 1.16%
Earthbound LLC NY$6.0M · 0.72%
United Way of New York NY$5.9M · 0.29%
St. Anne Institute NY$5.6M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135604180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.