Plan Ledger DOL Form 5500 · updated monthly

General Atlantic Service Company, L.P.401(k)

GENERAL ATLANTIC SERVICE COMPANY, L.P. RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

General Atlantic Service Company, L.P. reported $58,495 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $17,394 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.

Across the 2 years on file its reported administrative ratio fell from 0.08% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 651st-largest of 5,648 plans among New York employers on file, and the 183rd of 786 in management of companies. In 2024, employees put in $1.12 for every $1.00 the employer contributed; active participation has grown from 342 to 420 since 2022.

Plan summary
Net assets, end of year$128,168,537
Participants with balances586
Active participants420
Employer contributions$7,305,291
Employee contributions$8,184,818
Employer contribution per active participant$17,394
Average account balance$218,718
Benefits paid to participants$8,498,518
Plan auditUnmodified (clean) audit opinion
AuditorDELOITTE AND TOUCHE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$128.2M · 586 accts · $7.3M emplr
2023$101.1M · 538 accts · $6.8M emplr
2022$74.9M · 455 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,495
Total administrative$58,495
The General Atlantic Service Company, L.P. 401(k) match · 2024
Employer contribution per active participant$17,394
Median for plans this size$3,635
2024$17,394 per active participant
2023$16,993 per active participant
2022$14,026 per active participant

General Atlantic Service Company, L.P.'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$57,420

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$58,495 · 0.05%
2023$57,046 · 0.06%
2022$62,474 · 0.08%
Same employer
Similar plansManagement of Companies · New York
Loews Corporation NY$167.7M · 0.01%
Lvmh Inc. NY$166.1M
Fanduel Group, Inc. NY$157.7M · 0.19%
Hps Investment Partners, LLC NY$102.5M · 0.12%
The Fort Miller Group, Inc. NY$81.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133491941 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.