Plan Ledger DOL Form 5500 · updated monthly

Labella Associates, D.P.C.401(k)

LABELLA ASSOCIATES PROFIT SHARING / 401(K) PLAN · ROCHESTER, NY · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Labella Associates, D.P.C. reported $141,005 in plan administrative expenses for 2023: 0.11% of average plan assets, below the peer median. Employer contributions averaged $1,421 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 has held roughly steady near 0.109%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 588th-largest of 5,648 plans among New York employers on file, and the 1,039th of 11,654 in professional & technical services. In 2023, employees put in $5.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$150,030,691
Participants with balances1,534
Active participants1,711
Employer contributions$2,431,751
Employee contributions$12,742,935
Employer contribution per active participant$1,421
Average account balance$97,804
Benefits paid to participants$10,584,351
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR & CO. LLP
Plan history2
Yearassets · accounts · employer contribution
2023$150.0M · 1,534 accts · $2.4M emplr
2022$109.5M · 1,343 accts · $2.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,833
Investment management$122,172
Total administrative$141,005
The Labella Associates, D.P.C. 401(k) match · 2023
Employer contribution per active participant$1,421
Median for plans this size$3,659
2023$1,421 per active participant
2022$1,407 per active participant

Labella Associates, D.P.C.'s 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
THE WATERFORD GROUP, LLC · Recordkeeping · Trustee$122,172
ADP, INC. · Loan processing · Recordkeeping$18,833
ADP BROKER-DEALER · 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 history2
2023$141,005 · 0.11%
2022$108,146 · 0.11%
Same employer
Similar plansProfessional & Technical Services · New York
Harter Secrest & Emery LLP NY$159.6M · 0.00%
Schulte Roth & Zabel LLP NY$156.5M · 0.01%
Bonadio & Co., LLP NY$150.2M · 0.12%
Davis+Gilbert LLP NY$149.2M · 0.15%
Sh Group, Inc. NY$140.7M · 0.08%
Flatiron Health, Inc. NY$138.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161115731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.