Plan Ledger DOL Form 5500 · updated monthly

Handel Architects LLP401(k)

HANDEL ARCHITECTS LLP 401 (K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.35%

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

Handel Architects LLP reported $75,138 in plan administrative expenses for 2023: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,356 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 1 year on file its reported administrative ratio fell from 0.41% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,236th-largest of 5,648 plans among New York employers on file, and the 4,888th of 11,654 in professional & technical services. In 2023, employees put in $6.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,106,112
Participants with balances250
Active participants160
Employer contributions$216,910
Employee contributions$1,366,780
Employer contribution per active participant$1,356
Average account balance$96,424
Benefits paid to participants$710,050
Plan auditDisclaimer of opinion
Plan history2
Yearassets · accounts · employer contribution
2023$24.1M · 250 accts · $217K emplr
2022$19.0M · 243 accts · $209K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$69,206
Investment management$4,282
Total administrative$75,138
The Handel Architects LLP 401(k) match · 2023
Employer contribution per active participant$1,356
Median for plans this size$2,440
2023$1,356 per active participant
2022$1,162 per active participant

Handel Architects LLP's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE CO. NY · Recordkeeping · Investment management$76
WILSHIRE ASSOCIATES INC · Investment advisory (participants)$4,283

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

Administrative cost history2
2023$75,138 · 0.35%
2022$87,081 · 0.41%
All plans at this employer2
HANDEL ARCHITECTS LLP 401 (K) PROFIT SHARING PLAN401(k)
HANDEL EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 201071546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.