Plan Ledger DOL Form 5500 · updated monthly

Levelup Hcs, LLC401(k)

LEVELUP HCS, LLC 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Levelup Hcs, LLC reported $7,346 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,109 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 1.44% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (4,220th of 5,648), and 9,275th of 11,654 in professional & technical services. In 2024, employees put in $4.95 for every $1.00 the employer contributed; active participation has shrunk from 346 to 165 since 2022.

Plan summary
Net assets, end of year$6,302,201
Participants with balances197
Active participants165
Employer contributions$183,015
Employee contributions$905,227
Employer contribution per active participant$1,109
Average account balance$31,991
Benefits paid to participants$1,121,424
Plan auditUnmodified (clean) audit opinion
AuditorSAX LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 197 accts · $183K emplr
2023$5.5M · 232 accts · $342K emplr
2022$4.0M · 310 accts · $448K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,346
Total administrative$7,346
The Levelup Hcs, LLC 401(k) match · 2024
Employer contribution per active participant$1,109
Median for plans this size$1,313
2024$1,109 per active participant
2023$2,082 per active participant
2022$1,294 per active participant

Levelup Hcs, LLC's 2024 employer contribution ran below the $1,313 median for plans its size. 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
ADP, INC. · Loan processing · Recordkeeping$7,346

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,346 · 0.13%
2023$9,118 · 0.19%
2022$54,624 · 1.44%
Same employer
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Cte Incorporated NY$6.5M · 0.41%
Electric Ai, Inc. NY$6.2M · 0.10%
Acronym Media, Inc. NY$6.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464517495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.