Plan Ledger DOL Form 5500 · updated monthly

Safehold Inc.401(k)

ISTAR SAVINGS AND RETIREMENT PLAN TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Safehold Inc. reported $42,124 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $8,548 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 0.08% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,158th-largest of 5,648 plans among New York employers on file, and the 1,405th of 4,798 in finance & insurance. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has shrunk from 141 to 81 since 2022.

Plan summary
Net assets, end of year$63,039,481
Participants with balances178
Active participants81
Employer contributions$692,389
Employee contributions$1,561,473
Employer contribution per active participant$8,548
Average account balance$354,154
Benefits paid to participants$4,736,949
Plan auditUnmodified (clean) audit opinion
AuditorGELTRUDE & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$63.0M · 178 accts · $692K emplr
2023$56.4M · 201 accts · $816K emplr
2022$55.0M · 228 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,874
Investment management$11,250
Total administrative$42,124
The Safehold Inc. 401(k) match · 2024
Employer contribution per active participant$8,548
Median for plans this size$3,635
2024$8,548 per active participant
2023$8,865 per active participant
2022$7,668 per active participant

Safehold Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$1,656
GALLAGHER BENEFIT SERVICES, INC · Consulting$11,250
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$42,124 · 0.07%
2023$34,727 · 0.06%
2022$52,222 · 0.08%
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Ulster Savings Bank NY$64.4M · 0.23%
Bank Hapoalim B.M. NY$64.1M · 0.27%
Blue Owl Capital LP NY$63.1M · 0.20%
Kps Capital Partners, LP NY$63.0M · 0.00%
Goldberg Lindsay & Co. LLC NY$61.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 956881527 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.