Plan Ledger DOL Form 5500 · updated monthly

Kaufman Borgeest & Ryan LLP401(k)

KB&R 401(K) PROFIT SHARING PLAN AND TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Kaufman Borgeest & Ryan LLP reported $7,738 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,417 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 0.011% to 0.013%. 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 1,186th-largest of 5,648 plans among New York employers on file, and the 2,344th of 11,654 in professional & technical services. In 2024, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$60,913,763
Participants with balances221
Active participants129
Employer contributions$1,214,804
Employee contributions$1,500,775
Employer contribution per active participant$9,417
Average account balance$275,628
Benefits paid to participants$1,569,631
Plan auditUnmodified (clean) audit opinion
AuditorMS PC, CPA'S & ADVISORS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$60.9M · 221 accts · $1.2M emplr
2023$54.7M · 223 accts · $1.0M emplr
2022$49.8M · 215 accts · $780K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,738
Total administrative$7,738
The Kaufman Borgeest & Ryan LLP 401(k) match · 2024
Employer contribution per active participant$9,417
Median for plans this size$3,635
2024$9,417 per active participant
2023$7,617 per active participant
2022$6,503 per active participant

Kaufman Borgeest & Ryan 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 · 20243
LAIKEN ASSOC INC · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)indirect 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$7,738 · 0.01%
2023$1,734 · 0.00%
2022$6,219 · 0.01%
Same employer
Similar plansProfessional & Technical Services · New York
Murex North America NY$61.6M · 0.01%
Plus Company U.S. Inc. NY$61.6M · 0.08%
Encorevet Group LLC NY$61.5M · 0.35%
Gen II Management, LLC NY$61.3M · 0.30%
Medical Knowledge Group LLC NY$60.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133951065 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.