Plan Ledger DOL Form 5500 · updated monthly

Getaway401(k)

GETAWAY 401(K) PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
1.51%

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

Getaway reported $5,494 in plan administrative expenses for 2024: 1.51% of average plan assets, above the peer median. Employer contributions averaged $0 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 under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (5,494th of 5,648), and 1,971st of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$362,664
Participants with balances276
Active participants314
Employer contributions$0
Employee contributions$341,421
Employer contribution per active participant$0
Average account balance$1,314
Benefits paid to participants$3,512
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,395
Investment management$99
Total administrative$5,494
The Getaway 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Getaway's 2024 employer contribution ran below the $540 median for plans its size, in the bottom 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
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$5,494

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$5,494 · 1.51%
Same employer
Similar plansAccommodation & Food Services · New York
Macdo Foods, Inc. NY$449K · 1.26%
Jagr Hq LLC NY$439K · 4.36%
Fort Pond Bay Co LLC NY$367K · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473747325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.