Plan Ledger DOL Form 5500 · updated monthly

Hodgson Russ LLP401(k)

HODGSON RUSS LLP 401(K) PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Hodgson Russ LLP reported $175,849 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $1,158 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 0.07% to 0.10%. 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 527th-largest of 5,648 plans among New York employers on file, and the 917th of 11,654 in professional & technical services. In 2024, employees put in $12.40 for every $1.00 the employer contributed; active participation has grown from 430 to 477 since 2022.

Plan summary
Net assets, end of year$174,828,768
Participants with balances621
Active participants477
Employer contributions$552,538
Employee contributions$6,849,858
Employer contribution per active participant$1,158
Average account balance$281,528
Benefits paid to participants$24,855,314
Plan auditUnmodified (clean) audit opinion
AuditorDOPKINS & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$174.8M · 621 accts · $553K emplr
2023$160.1M · 648 accts · $529K emplr
2022$141.6M · 623 accts · $466K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$172,724
Investment management$3,125
Total administrative$175,849
The Hodgson Russ LLP 401(k) match · 2024
Employer contribution per active participant$1,158
Median for plans this size$3,635
2024$1,158 per active participant
2023$1,165 per active participant
2022$1,083 per active participant

Hodgson Russ LLP's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
JOHN HANCOCK · Recordkeeping · Loan processing$121,499
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$50,250
CHARLES SCHWAB & CO., INC. · Securities brokerage$975

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$175,849 · 0.10%
2023$93,950 · 0.06%
2022$108,209 · 0.07%
Same employer
Similar plansProfessional & Technical Services · New York
Phillips Lytle LLP NY$180.7M · 0.04%
Liro Engineers, Inc. NY$175.8M · 0.12%
J.S. Held LLC NY$174.8M · 0.17%
The Capital Markets Company NY$171.9M · 0.13%
Epstein Becker & Green, P.C. NY$167.7M · 0.08%
Ihi Americas Inc. NY$165.1M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160708550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.