Plan Ledger DOL Form 5500 · updated monthly

Frankfurt Kurnit Klein & Selz, P.C.401(k)

FRANKFURT KURNIT KLEIN & SELZ P.C. 401(K) PROFIT SHARING PLAN FOR SHAREHOLDER ATTORNEYS AND STAFF · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Frankfurt Kurnit Klein & Selz, P.C. reported $49,532 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $18,350 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 911th-largest of 5,648 plans among New York employers on file, and the 1,750th of 11,654 in professional & technical services. In 2024, the employer put in $1.37 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$85,114,120
Participants with balances129
Active participants104
Employer contributions$1,908,362
Employee contributions$1,388,918
Employer contribution per active participant$18,350
Average account balance$659,799
Benefits paid to participants$4,065,763
Plan auditUnmodified (clean) audit opinion
AuditorANCHIN, BLOCK & ANCHIN LLP
Administrative expenses, itemized · 2024
Investment management$74,730
Total administrative$49,532
The Frankfurt Kurnit Klein & Selz, P.C. 401(k) match · 2024
Employer contribution per active participant$18,350
Median for plans this size$3,635

Frankfurt Kurnit Klein & Selz, P.C.'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 · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$74,730
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history1
2024$49,532 · 0.06%
Same employer
Similar plansProfessional & Technical Services · New York
Liveperson, Inc. NY$87.7M · 0.15%
Icapital Network, Inc NY$85.4M · 0.27%
Diligent Corporation NY$84.4M · 0.13%
Socotec, Inc. NY$82.7M · 0.32%
Herrick, Feinstein LLP NY$82.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133044357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.