Plan Ledger DOL Form 5500 · updated monthly

Lippe Taylor, LLC401(k)

LIPPE TAYLOR, LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Lippe Taylor, LLC reported $29,427 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,188 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 0.18% to 0.20%. 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 among the smaller plans on file in New York (2,917th of 5,648), and 6,479th of 11,654 in professional & technical services. In 2024, employees put in $4.16 for every $1.00 the employer contributed; active participation has shrunk from 178 to 152 since 2022.

Plan summary
Net assets, end of year$15,412,221
Participants with balances195
Active participants152
Employer contributions$332,631
Employee contributions$1,382,393
Employer contribution per active participant$2,188
Average account balance$79,037
Benefits paid to participants$3,122,726
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 195 accts · $333K emplr
2023$14.4M · 219 accts · $357K emplr
2022$11.1M · 198 accts · $330K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,427
Total administrative$29,427
The Lippe Taylor, LLC 401(k) match · 2024
Employer contribution per active participant$2,188
Median for plans this size$2,416
2024$2,188 per active participant
2023$1,970 per active participant
2022$1,854 per active participant

Lippe Taylor, LLC's 2024 employer contribution ran below the $2,416 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
USI CONSULTING GROUP$28,564

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$29,427 · 0.20%
2023$24,878 · 0.19%
2022$21,389 · 0.18%
Same employer
Similar plansProfessional & Technical Services · New York
Bpn, LLP NY$15.3M · 0.83%
The Corporate Source, Inc. NY$15.3M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133517421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.