Plan Ledger DOL Form 5500 · updated monthly

Galaxy Active LLC401(k)

GALAXY ACTIVE LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Galaxy Active LLC reported $41,671 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $4,777 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 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,731st of 5,648), and 9,158th of 13,661 in manufacturing. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,171,128
Participants with balances164
Active participants154
Employer contributions$735,710
Employee contributions$1,279,658
Employer contribution per active participant$4,777
Average account balance$55,922
Benefits paid to participants$643,894
Plan auditUnmodified (clean) audit opinion
AuditorCOKER AND COMPANY LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,671
Total administrative$41,671
The Galaxy Active LLC 401(k) match · 2024
Employer contribution per active participant$4,777
Median for plans this size$1,313

Galaxy Active LLC's 2024 employer contribution ran above the $1,313 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$41,670

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$41,671 · 0.53%
Similar plansManufacturing · New York
Tapecon, Inc. NY$9.4M · 0.03%
A.R. Arena Products, Inc. NY$9.4M · 0.03%
Diemolding Corporation NY$9.3M · 0.02%
Freshly, Inc. NY$9.1M · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 854358123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.