Plan Ledger DOL Form 5500 · updated monthly

Galaxy of New York, Inc.Stock bonus plan

GALAXY OF NEW YORK 401(K) SAVINGS PLAN · BRONX, NY · plan year 2022

Reported admin expense ratio · 2022
0.43%

Galaxy of New York, Inc. reported $1,139 in plan administrative expenses for 2022: 0.43% 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New York (5,538th of 5,648), and 5,289th of 5,337 in construction.

Plan summary
Net assets, end of year$223,788
Participants with balances7
Active participants118
Employer contributions—
Employee contributions$22,430
Employer contribution per active participant—
Average account balance$31,970
Benefits paid to participants$45,000
Plan auditUnmodified (clean) audit opinion
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$1,139 · 0.43%
Similar plansConstruction · New York
Highbury Concrete Inc. NY$1.2M · 0.12%
Forward Mechanical NY$478K · 1.55%
Donato Plumbing, Inc. NY$328K · 1.10%
Fjm Ferro Inc NY$119K · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133525013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.