Plan Ledger DOL Form 5500 · updated monthly

Gotham Greens Butterhead, LLC401(k)

GOTHAM GREENS 401(K) · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
1.12%

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

Gotham Greens Butterhead, LLC reported $64,323 in plan administrative expenses for 2024: 1.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $746 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 rose from 0.71% to 1.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in New York (4,100th of 5,648), and 562nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $3.76 for every $1.00 the employer contributed; active participation has grown from 370 to 578 since 2022.

Plan summary
Net assets, end of year$6,889,938
Participants with balances612
Active participants578
Employer contributions$431,318
Employee contributions$1,620,717
Employer contribution per active participant$746
Average account balance$11,258
Benefits paid to participants$952,795
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 612 accts · $431K emplr
2023$4.6M · 481 accts · $328K emplr
2022$2.7M · 359 accts · $269K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,323
Total administrative$64,323
The Gotham Greens Butterhead, LLC 401(k) match · 2024
Employer contribution per active participant$746
Median for plans this size$1,313
2024$746 per active participant
2023$637 per active participant
2022$728 per active participant

Gotham Greens Butterhead, LLC's 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$64,322
UBS FINANCIAL SERVICES INC · 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$64,323 · 1.12%
2023$42,236 · 1.16%
2022$15,563 · 0.71%
Similar plansAgriculture, Forestry & Fishing · New York
Checkout, LLC NY$8.4M · 0.03%
Bowery Farming Inc. NY$7.5M · 0.23%
Whitmore Worsley, Inc. NY$4.3M · 0.47%
Blondies Treehouse, Inc. NY$4.0M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474110539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.