Plan Ledger DOL Form 5500 · updated monthly

Kasowitz Benson Torres LLP401(k)

KASOWITZ BENSON TORRES LLP EMPLOYEE 401(K) SAVINGS PLAN A · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Kasowitz Benson Torres LLP reported $195,497 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $8,248 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 0.08% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 432nd-largest of 5,648 plans among New York employers on file, and the 732nd of 11,654 in professional & technical services. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$220,121,309
Participants with balances496
Active participants313
Employer contributions$2,581,757
Employee contributions$5,489,836
Employer contribution per active participant$8,248
Average account balance$443,793
Benefits paid to participants$14,788,273
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$220.1M · 496 accts · $2.6M emplr
2023$194.4M · 525 accts · $2.6M emplr
2022$164.4M · 527 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$195,497
Total administrative$195,497
The Kasowitz Benson Torres LLP 401(k) match · 2024
Employer contribution per active participant$8,248
Median for plans this size$3,635
2024$8,248 per active participant
2023$7,421 per active participant
2022$5,740 per active participant

Kasowitz Benson Torres LLP'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$195,497
MORGAN STANLEY DOMESTIC HOLDINGS, I · Consultingindirect 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$195,497 · 0.09%
2023$163,097 · 0.09%
2022$157,788 · 0.08%
All plans at this employer2
KASOWITZ BENSON TORRES LLP EMPLOYEE 401(K) SAVINGS PLAN A401(k)
KASOWITZ BENSON TORRES LLP EMPLOYEE 401(K) SAVINGS PLAN B401(k)
Same employer
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Horizon Media Holdings, LLC NY$232.2M · 0.12%
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Source: U.S. Department of Labor, Form 5500 series, EIN 133720397 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.