Plan Ledger DOL Form 5500 · updated monthly

Jaspan Schlesinger Narendran LLP401(k)

JASPAN SCHLESINGER NARENDRAN LLP RETIREMENT PLAN · GARDEN CITY, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Jaspan Schlesinger Narendran LLP reported $3,630 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,214 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 rose from 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,373rd-largest of 5,648 plans among New York employers on file, and the 5,192nd of 11,654 in professional & technical services. In 2024, employees put in $2.92 for every $1.00 the employer contributed; active participation has shrunk from 77 to 67 since 2022.

Plan summary
Net assets, end of year$22,037,548
Participants with balances134
Active participants67
Employer contributions$282,340
Employee contributions$824,308
Employer contribution per active participant$4,214
Average account balance$164,459
Benefits paid to participants$2,732,778
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.0M · 134 accts · $282K emplr
2023$21.0M · 138 accts · $341K emplr
2022$17.2M · 141 accts · $418K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,630
Total administrative$3,630
The Jaspan Schlesinger Narendran LLP 401(k) match · 2024
Employer contribution per active participant$4,214
Median for plans this size$2,416
2024$4,214 per active participant
2023$4,796 per active participant
2022$5,424 per active participant

Jaspan Schlesinger Narendran LLP's 2024 employer contribution ran above the $2,416 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 · 20241
ASSOCIATED PENSION CONSULTANTS INC · Other servicesindirect comp

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$3,630 · 0.02%
2023$2,225 · 0.01%
2022$2,275 · 0.01%
Similar plansProfessional & Technical Services · New York
Numerix LLC NY$22.5M · 0.31%
Mg Engineering Dpc NY$22.0M · 0.48%
4U Services, Inc. NY$22.0M · 0.46%
Scott-Macon, LTD. NY$22.0M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131546481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.