Plan Ledger DOL Form 5500 · updated monthly

I Spiewak & Sons Inc401(k)

I SPIEWAK & SONS INC 401(K) PROFIT SHARING PLAN & TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

I Spiewak & Sons Inc reported $8,152 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $641 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 1 year on file its reported administrative ratio rose from 0.25% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (4,940th of 5,648), and 12,365th of 13,661 in manufacturing. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,853,979
Participants with balances113
Active participants92
Employer contributions$58,949
Employee contributions$87,672
Employer contribution per active participant$641
Average account balance$25,256
Benefits paid to participants$72,417
Plan auditUnmodified (clean) audit opinion
AuditorMACIAS GINI & O'CONNELL LLP
Plan history2
Yearassets · accounts · employer contribution
2024$2.9M · 113 accts · $59K emplr
2023$2.4M · 111 accts · $50K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,784
Investment management$4,508
Trustee / custodial$860
Total administrative$8,152
The I Spiewak & Sons Inc 401(k) match · 2024
Employer contribution per active participant$641
Median for plans this size$1,313
2024$641 per active participant
2023$664 per active participant

I Spiewak & Sons Inc's 2024 employer contribution ran below the $1,313 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 · 20241
PAYCHEX, INC. · Recordkeeping$5,577

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

Administrative cost history2
2024$8,152 · 0.31%
2023$6,636 · 0.25%
All plans at this employer2
I SPIEWAK & SONS INC 401(K) PROFIT SHARING PLAN & TRUST401(k)
I SPIEWAK & SONS INC 401(K) PROFIT SHARING PLAN & TRUST401(k)
Similar plansManufacturing · New York
Emcom, Inc. NY$3.0M · 0.61%
Cannon Industries, Inc. NY$2.9M · 0.29%
Mini Graphics Inc NY$2.8M · 0.22%
Willet Dairy, LLC NY$2.8M · 0.33%
Maco Bag Corporation NY$2.7M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221297130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.