Plan Ledger DOL Form 5500 · updated monthly

Forrest Solutions IncDC plan

FORREST SOLUTIONS INC 401(K) PROFIT SHARING PLAN & TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.34%

Forrest Solutions Inc reported $24,949 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. 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 0.11% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,816th of 5,648), and 6,192nd of 11,911 in health care & social assistance. active participation has shrunk from 3,350 to 1,311 since 2022.

Plan summary
Net assets, end of year$8,644,709
Participants with balances1,864
Active participants1,311
Employer contributions—
Employee contributions$2,097,487
Employer contribution per active participant—
Average account balance$4,638
Benefits paid to participants$912,340
Plan auditUnmodified (clean) audit opinion
AuditorBORIS BENIC AND ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 1,864 accts
2023$5.8M · 1,695 accts
2022$3.9M · 1,570 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,949
Total administrative$24,949
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

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$24,949 · 0.34%
2023$3,448 · 0.07%
2022$4,164 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · New York
Gateway-Longview, Inc. NY$8.8M · 0.93%
Seafield Center, Inc. NY$8.8M · 0.04%
Mercy Flight, Inc. NY$8.5M · 0.66%
Urban Pathways, Inc. NY$8.5M · 0.02%
Care for the Homeless NY$8.5M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261281755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.