Plan Ledger DOL Form 5500 · updated monthly

Gerber Ciano Kelly Brady LLP401(k)

GERBER CIANO KELLY BRADY LLP 401(K) PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Gerber Ciano Kelly Brady LLP reported $777 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,698 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 1 year on file its reported administrative ratio fell from 0.10% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,584th of 5,648), and 7,950th of 11,654 in professional & technical services. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,157,859
Participants with balances168
Active participants132
Employer contributions$620,164
Employee contributions$1,076,223
Employer contribution per active participant$4,698
Average account balance$60,463
Benefits paid to participants$337,617
Plan auditUnmodified (clean) audit opinion
AuditorRBT CPAS LLP
Plan history2
Yearassets · accounts · employer contribution
2024$10.2M · 168 accts · $620K emplr
2023$7.3M · 136 accts · $457K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$777
Total administrative$777
The Gerber Ciano Kelly Brady LLP 401(k) match · 2024
Employer contribution per active participant$4,698
Median for plans this size$1,313
2024$4,698 per active participant
2023$4,441 per active participant

Gerber Ciano Kelly Brady LLP'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
GUIDELINE, INC · Plan administrator · Investment advisory (participants)$777

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

Recordkeeper by year2
2024Guideline
2023Guideline

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$777 · 0.01%
2023$6,019 · 0.10%
Same employer
Similar plansProfessional & Technical Services · New York
Global-E US Inc. NY$10.3M · 0.06%
M Moser Associates, LLC NY$10.2M · 0.60%
Jahnel Group, Inc. NY$10.2M · 0.46%
Cbx World Wide LLC NY$10.2M · 0.45%
First Consulting, Inc. NY$10.1M · 0.14%
Coenterprise, LLC NY$9.9M · 0.45%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 823488440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.