Plan Ledger DOL Form 5500 · updated monthly

General Assembly Space, Inc.401(k)

GENERAL ASSEMBLY 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.39%

General Assembly Space, Inc. reported $60,533 in plan administrative expenses for 2024: 0.39% of average plan assets, above 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 0.08% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,798th-largest of 5,648 plans among New York employers on file, and 6,231st of 11,654 in professional & technical services. active participation has shrunk from 582 to 244 since 2022.

Plan summary
Net assets, end of year$16,538,053
Participants with balances352
Active participants244
Employer contributions—
Employee contributions$1,605,106
Employer contribution per active participant—
Average account balance$46,983
Benefits paid to participants$2,205,702
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 352 accts
2023$14.1M · 418 accts
2022$12.4M · 504 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,533
Total administrative$60,533
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$60,533
NORTHWESTERN MUTUAL WEALTH MGMT · Investment advisory (plan)indirect comp

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$60,533 · 0.39%
2023$30,653 · 0.23%
2022$10,344 · 0.08%
Same employer
Similar plansProfessional & Technical Services · New York
Paedae Inc dba Infillion NY$17.0M · 0.25%
Cgi Communications, Inc. NY$16.4M · 0.42%
Wavestone US Inc. NY$16.3M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272807367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.