Plan Ledger DOL Form 5500 · updated monthly

Gotham Operations, LLC401(k)

GOTHAM OPERATIONS, LLC 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Gotham Operations, LLC reported $58,761 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,422 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 3 years on file its reported administrative ratio has held roughly steady near 0.37%. 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 the 2,737th-largest of 5,648 plans among New York employers on file, and the 755th of 2,096 in real estate & leasing. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 105 to 132 since 2022.

Plan summary
Net assets, end of year$17,317,365
Participants with balances217
Active participants132
Employer contributions$451,639
Employee contributions$973,581
Employer contribution per active participant$3,422
Average account balance$79,804
Benefits paid to participants$541,965
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 217 accts · $452K emplr
2023$14.1M · 204 accts · $430K emplr
2022$11.7M · 177 accts · $378K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,761
Total administrative$58,761
The Gotham Operations, LLC 401(k) match · 2024
Employer contribution per active participant$3,422
Median for plans this size$2,416
2024$3,422 per active participant
2023$3,414 per active participant
2022$3,597 per active participant

Gotham Operations, LLC's 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$58,761 · 0.37%
2023$49,760 · 0.39%
2022$46,901 · 0.39%
Similar plansReal Estate & Leasing · New York
Rockrose Development, LLC NY$18.2M · 0.13%
Postworks New York, LLC NY$17.4M · 0.12%
Rotterdam Ventures, Inc. NY$17.2M · 0.34%
Fsc Realty Management LLC NY$16.4M · 0.25%
Jrd Maxx Properties NY$16.2M · 0.24%
Muss Development, LLC NY$16.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810998750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.