Plan Ledger DOL Form 5500 · updated monthly

Hudson Scenic Studio, Inc.401(k)

HUDSON SCENIC STUDIO, INC. TPU LOCAL #1 SAVINGS PLAN · YONKERS, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Hudson Scenic Studio, Inc. reported $494 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,121 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 0.003% to 0.002%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,340th-largest of 5,648 plans among New York employers on file, and the 5,488th of 13,661 in manufacturing. In 2024, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,517,738
Participants with balances172
Active participants148
Employer contributions$313,941
Employee contributions$415,264
Employer contribution per active participant$2,121
Average account balance$130,917
Benefits paid to participants$1,866,521
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 172 accts · $314K emplr
2023$20.2M · 164 accts · $282K emplr
2022$17.3M · 162 accts · $309K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$494
Total administrative$494
The Hudson Scenic Studio, Inc. 401(k) match · 2024
Employer contribution per active participant$2,121
Median for plans this size$2,416
2024$2,121 per active participant
2023$2,451 per active participant
2022$2,022 per active participant

Hudson Scenic Studio, Inc.'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$494

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$494 · 0.00%
2023$619 · 0.00%
2022$563 · 0.00%
Similar plansManufacturing · New York
Cpi Aerostructures, Inc. NY$22.9M · 0.43%
E.S. Originals Inc. NY$22.5M · 0.19%
Wagner Hardwoods LLC NY$22.5M · 0.30%
Designs for Vision, Inc. NY$22.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141621328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.