Plan Ledger DOL Form 5500 · updated monthly

Laguardia Gateway Partners, LLC401(k)

LAGUARDIA GATEWAY PARTNERS RETIREMENT SAVINGS PLAN · FLUSHING, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Laguardia Gateway Partners, LLC reported $5,436 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,446 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 0.28% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New York (4,402nd of 5,648), and 1,579th of 2,677 in transportation & warehousing. In 2024, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,417,377
Participants with balances161
Active participants83
Employer contributions$369,014
Employee contributions$387,918
Employer contribution per active participant$4,446
Average account balance$33,648
Benefits paid to participants$497,219
Plan auditUnmodified (clean) audit opinion
AuditorJMK CPA PARTNERS, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$5.4M · 161 accts · $369K emplr
2022$3.9M · 108 accts · $401K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,436
Total administrative$5,436
The Laguardia Gateway Partners, LLC 401(k) match · 2024
Employer contribution per active participant$4,446
Median for plans this size$1,313
2024$4,446 per active participant
2022$5,899 per active participant

Laguardia Gateway Partners, LLC's 2024 employer contribution ran above the $1,313 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
CAPITAL GROUP RETIRMENT SERVICES · Recordkeeping · Investment management$4,686

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$5,436 · 0.11%
2022$11,855 · 0.28%
Similar plansTransportation & Warehousing · New York
C. Blackburn Inc. NY$6.3M · 0.83%
Executive Charge Inc NY$5.6M · 0.73%
Alpi USA, Inc. NY$5.2M · 0.78%
Fire Island Ferries, Inc. NY$5.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474301848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.