Plan Ledger DOL Form 5500 · updated monthly

Industrious Staffing Company LLC401(k)

INDUSTRIOUS STAFFING 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Industrious Staffing Company LLC reported $958 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,700 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 fell from 0.03% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (2,924th of 5,648), and the 830th of 2,096 in real estate & leasing. In 2024, employees put in $2.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,371,092
Participants with balances417
Active participants493
Employer contributions$838,304
Employee contributions$2,128,782
Employer contribution per active participant$1,700
Average account balance$36,861
Benefits paid to participants$968,139
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$15.4M · 417 accts · $838K emplr
2023$11.3M · 376 accts · $785K emplr
Administrative expenses, itemized · 2024
Investment management$1,734
Total administrative$958
The Industrious Staffing Company LLC 401(k) match · 2024
Employer contribution per active participant$1,700
Median for plans this size$2,416
2024$1,700 per active participant
2023$1,751 per active participant

Industrious Staffing Company LLC'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 processingindirect comp

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$958 · 0.01%
2023$3,741 · 0.03%
Same employer
Similar plansReal Estate & Leasing · New York
Fsc Realty Management LLC NY$16.4M · 0.25%
Jrd Maxx Properties NY$16.2M · 0.24%
Muss Development, LLC NY$16.1M · 0.15%
Dovedale Sales Corp. NY$16.0M · 0.34%
Dlc Management Corporation NY$14.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810797755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.