Plan Ledger DOL Form 5500 · updated monthly

Ginsburg Development Companies, LLC401(k)

GINSBURG DEVELOPMENT COMPANIES LLC & AFFILIATES 401(K) PLAN · VALHALLA, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

Ginsburg Development Companies, LLC reported $3,328 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. 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 0.026% to 0.033%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (3,525th of 5,648), and 1,069th of 2,096 in real estate & leasing. active participation has grown from 101 to 162 since 2022.

Plan summary
Net assets, end of year$10,652,853
Participants with balances144
Active participants162
Employer contributions—
Employee contributions$750,546
Employer contribution per active participant—
Average account balance$73,978
Benefits paid to participants$656,790
Plan auditUnmodified (clean) audit opinion
AuditorTMI CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 144 accts
2023$9.6M · 132 accts · $272K emplr
2022$8.4M · 127 accts · $402K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,328
Total administrative$3,328
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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$3,327
PRUDENTIAL INSURANCE AGENCY LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · 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$3,328 · 0.03%
2023$2,230 · 0.02%
2022$2,342 · 0.03%
Similar plansReal Estate & Leasing · New York
Orchard Technologies, Inc NY$11.3M · 0.46%
Extell Development Company NY$11.1M · 0.22%
Akam Living Services, Inc. NY$10.6M · 0.69%
Rochester Management, Inc. NY$10.5M · 0.19%
Tgm Associates L.P. NY$10.2M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133881424 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.