Plan Ledger DOL Form 5500 · updated monthly

Labaton Sucharow LLP401(k)

LABATON SUCHAROW LLP 401(K) SAVINGS & PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Labaton Sucharow LLP reported $16,757 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,449 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 0.04% to 0.03%. 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 1,335th-largest of 5,648 plans among New York employers on file, and the 2,698th of 11,654 in professional & technical services. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has grown from 117 to 167 since 2022.

Plan summary
Net assets, end of year$51,514,708
Participants with balances226
Active participants167
Employer contributions$1,411,039
Employee contributions$2,169,268
Employer contribution per active participant$8,449
Average account balance$227,941
Benefits paid to participants$5,629,909
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.5M · 226 accts · $1.4M emplr
2023$46.8M · 210 accts · $1.2M emplr
2022$38.3M · 203 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Investment management$10,001
Total administrative$16,757
The Labaton Sucharow LLP 401(k) match · 2024
Employer contribution per active participant$8,449
Median for plans this size$2,416
2024$8,449 per active participant
2023$8,730 per active participant
2022$11,431 per active participant

Labaton Sucharow 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 · 20244
CITRIN COOPERMAN & COMPANY, LLP · Consulting$21,000
GLOBAL RETIREMENT PARTNERS, LLC · Consulting$19,500
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,001
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$16,757 · 0.03%
2023$15,418 · 0.04%
2022$17,502 · 0.04%
Same employer
Similar plansProfessional & Technical Services · New York
J. Goldman & Co., L.P. NY$52.1M · 0.01%
Bioivt, LLC NY$52.1M · 0.14%
Goodway Group, Inc. NY$51.5M · 0.37%
Amobee Inc. NY$51.4M · 0.29%
The Advertising Council NY$51.2M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 131987846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.