Plan Ledger DOL Form 5500 · updated monthly

Forster & Garbus LLP401(k)

FORSTER & GARBUS 401(K) PLAN · ISLANDIA, NY · plan year 2022

Reported admin expense ratio · 2022
0.20%

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

Forster & Garbus LLP reported $13,971 in plan administrative expenses for 2022: 0.20% of average plan assets, below 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (4,217th of 5,648), and 1,297th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$6,315,497
Participants with balances78
Active participants87
Employer contributions$0
Employee contributions$244,983
Employer contribution per active participant$0
Average account balance$80,968
Benefits paid to participants$169,618
Plan auditUnmodified (clean) audit opinion
AuditorG R REID ASSOCIATES, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,971
Total administrative$13,971
The Forster & Garbus LLP 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Forster & Garbus LLP's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$13,971 · 0.20%
Similar plansAdministrative & Support Services · New York
Odgers Berndtson LLC NY$6.5M · 0.50%
Geometric Results, Inc. NY$6.3M · 0.20%
Nomad Nurses, Inc. NY$6.3M · 1.86%
Triangle Services, Inc NY$6.1M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112480782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.