Plan Ledger DOL Form 5500 · updated monthly

Harter Secrest & Emery LLP401(k)

HARTER SECREST & EMERY SAVINGS AND PROFIT-SHARING PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Harter Secrest & Emery LLP reported $5,946 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,439 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 0.01% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 571st-largest of 5,648 plans among New York employers on file, and the 989th of 11,654 in professional & technical services. In 2024, the employer put in $1.37 for every $1.00 employees contributed themselves; active participation has grown from 177 to 213 since 2022.

Plan summary
Net assets, end of year$159,567,302
Participants with balances285
Active participants213
Employer contributions$3,501,572
Employee contributions$2,563,834
Employer contribution per active participant$16,439
Average account balance$559,885
Benefits paid to participants$12,475,186
Plan auditUnmodified (clean) audit opinion
AuditorINSERO AND CO CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$159.6M · 285 accts · $3.5M emplr
2023$145.1M · 255 accts · $3.5M emplr
2022$129.9M · 263 accts · $3.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,946
Total administrative$5,946
The Harter Secrest & Emery LLP 401(k) match · 2024
Employer contribution per active participant$16,439
Median for plans this size$3,635
2024$16,439 per active participant
2023$19,324 per active participant
2022$19,721 per active participant

Harter Secrest & Emery LLP's 2024 employer contribution ran above the $3,635 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 · 20241

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$5,946 · 0.00%
2023$8,361 · 0.01%
2022$19,139 · 0.01%
Same employer
Similar plansProfessional & Technical Services · New York
Mazars USA LLP NY$164.4M · 0.06%
Pryor Cashman LLP NY$160.6M · 0.10%
Schulte Roth & Zabel LLP NY$156.5M · 0.01%
Bonadio & Co., LLP NY$150.2M · 0.12%
Labella Associates, D.P.C. NY$150.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160766172 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.