Plan Ledger DOL Form 5500 · updated monthly

International Real Estate Part401(k)

INTERNATIONAL REAL ESTATE PART 401(K) PROFIT SHARING PLAN & TRUST · SEAFORD, NY · plan year 2023

Reported admin expense ratio · 2023
0.67%

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

International Real Estate Part reported $9,705 in plan administrative expenses for 2023: 0.67% of average plan assets, above the peer median. Employer contributions averaged $1,014 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 has held roughly steady near 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (5,184th of 5,648), and 10,967th of 11,654 in professional & technical services. In 2023, employees put in $3.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,763,363
Participants with balances130
Active participants137
Employer contributions$138,893
Employee contributions$526,138
Employer contribution per active participant$1,014
Average account balance$13,564
Benefits paid to participants$261,499
Plan auditUnmodified (clean) audit opinion
AuditorSHAWN POOLER, CPA
Plan history2
Yearassets · accounts · employer contribution
2023$1.8M · 130 accts · $139K emplr
2022$1.2M · 125 accts · $139K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,188
Investment management$657
Trustee / custodial$860
Total administrative$9,705
The International Real Estate Part 401(k) match · 2023
Employer contribution per active participant$1,014
Median for plans this size$1,308
2023$1,014 per active participant
2022$1,035 per active participant

International Real Estate Part's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PAYCHEX, INC. · Recordkeeping$6,170

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

Administrative cost history2
2023$9,705 · 0.67%
2022$6,222 · 0.68%
Similar plansProfessional & Technical Services · New York
Coachhub Inc. NY$1.9M · 0.86%
Flywheel Partners LLC NY$1.5M · 0.12%
Staff Pro, Inc. NY$1.4M · 1.50%
Firefly Systems Inc NY$1.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611952142 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.