Plan Ledger DOL Form 5500 · updated monthly

Greenlight Networks LLC401(k)

GREENLIGHT NETWORKS LLC 401(K) PROFIT SHARING PLAN & TRUST · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Greenlight Networks LLC reported $58,614 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,545 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 0.83% to 0.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New York (4,063rd of 5,648), and 1,705th of 2,199 in information & media. In 2024, employees put in $2.49 for every $1.00 the employer contributed; active participation has shrunk from 180 to 155 since 2022.

Plan summary
Net assets, end of year$7,142,647
Participants with balances196
Active participants155
Employer contributions$394,400
Employee contributions$980,502
Employer contribution per active participant$2,545
Average account balance$36,442
Benefits paid to participants$886,701
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL, METZGER, BARR & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 196 accts · $394K emplr
2023$5.2M · 183 accts · $380K emplr
2022$3.2M · 196 accts · $330K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,553
Investment management$24,331
Trustee / custodial$730
Total administrative$58,614
The Greenlight Networks LLC 401(k) match · 2024
Employer contribution per active participant$2,545
Median for plans this size$1,313
2024$2,545 per active participant
2023$2,439 per active participant
2022$1,835 per active participant

Greenlight Networks LLC'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 · 20243
PAYCHEX, INC. · Recordkeeping$19,575
COURIER CAPITAL LLC · Investment advisory (participants)$19,258
COURIER CAPITAL LLC · Investment advisory (participants)$5,073

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

Recordkeeper by year2
2024Paychex
2023HNP CAPITAL LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Greenlight Networks LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$58,614 · 0.95%
2023$51,275 · 1.22%
2022$21,623 · 0.83%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 452867698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.