Plan Ledger DOL Form 5500 · updated monthly

Harding Mazzotti, LLP401(k)

HARDING MAZZOTTI, LLP PROFIT SHARING PLAN · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Harding Mazzotti, LLP reported $4,610 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,123 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 fell from 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,724th-largest of 5,648 plans among New York employers on file, and the 3,566th of 11,654 in professional & technical services. In 2024, the employer put in $1.30 for every $1.00 employees contributed themselves; active participation has grown from 94 to 122 since 2022.

Plan summary
Net assets, end of year$36,369,706
Participants with balances151
Active participants122
Employer contributions$1,357,035
Employee contributions$1,046,635
Employer contribution per active participant$11,123
Average account balance$240,859
Benefits paid to participants$1,782,478
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ, SELIG & ZERONDA, CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$36.4M · 151 accts · $1.4M emplr
2023$30.5M · 140 accts · $1.2M emplr
2022$24.8M · 130 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,610
Total administrative$4,610
The Harding Mazzotti, LLP 401(k) match · 2024
Employer contribution per active participant$11,123
Median for plans this size$2,416
2024$11,123 per active participant
2023$11,128 per active participant
2022$11,090 per active participant

Harding Mazzotti, LLP's 2024 employer contribution ran above the $2,416 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$3,277
JANET A. PANEBIANCO, CPA, PLLC · Contract administrator · Other services$3,025
EDWARD JONES · Investment advisory (plan)indirect 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$4,610 · 0.01%
2023$5,371 · 0.02%
2022$6,390 · 0.02%
Same employer
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Rubenstein Associates, Inc. NY$37.2M · 0.02%
Alphasense, Inc. NY$37.0M · 0.49%
Stemline Therapeutics, Inc. NY$36.8M · 0.03%
Tag Worldwide (USA) Inc. NY$36.4M · 0.09%
Chasedesign, LLC NY$36.1M · 0.21%
Alphasights, Inc. NY$35.5M · 0.04%
Hlw International, LLP NY$35.3M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141773128 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.