Plan Ledger DOL Form 5500 · updated monthly

Heidell, Pittoni, Murphy & Bach, LLP401(k)

HEIDELL, PITTONI, MURPHY & BACH, LLP 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Heidell, Pittoni, Murphy & Bach, LLP reported $106,620 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,871 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 0.29% to 0.32%. 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 1,755th-largest of 5,648 plans among New York employers on file, and the 3,677th of 11,654 in professional & technical services. In 2024, employees put in $5.16 for every $1.00 the employer contributed; active participation has grown from 148 to 169 since 2022.

Plan summary
Net assets, end of year$35,051,390
Participants with balances228
Active participants169
Employer contributions$316,279
Employee contributions$1,632,403
Employer contribution per active participant$1,871
Average account balance$153,734
Benefits paid to participants$3,100,474
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.1M · 228 accts · $316K emplr
2023$31.2M · 210 accts · $282K emplr
2022$27.2M · 214 accts · $320K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,614
Investment management$48,006
Total administrative$106,620
The Heidell, Pittoni, Murphy & Bach, LLP 401(k) match · 2024
Employer contribution per active participant$1,871
Median for plans this size$2,416
2024$1,871 per active participant
2023$1,932 per active participant
2022$2,164 per active participant

Heidell, Pittoni, Murphy & Bach, LLP's 2024 employer contribution ran below 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.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$58,614
NORTHWESTERN MUTUAL INVESTMENT SERV · Investment advisory (plan)$48,006
PRIME PENSIONS INC · Other servicesindirect 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$106,620 · 0.32%
2023$95,029 · 0.33%
2022$85,407 · 0.29%
Same employer
Similar plansProfessional & Technical Services · New York
Chasedesign, LLC NY$36.1M · 0.21%
Alphasights, Inc. NY$35.5M · 0.04%
Hlw International, LLP NY$35.3M · 0.27%
Optimax Systems, Inc. NY$34.7M · 0.03%
Robert Derector Pe PC NY$34.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134035589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.