Local 1102 401(K) Retirement PlanMoney purchase plan
LOCAL 1102 401(K) RETIREMENT PLAN · WOODBURY, NY · plan year 2025
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Local 1102 401(K) Retirement Plan reported $560,289 in plan administrative expenses for 2025: 2.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $993 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 4 years on file its reported administrative ratio has held roughly steady near 2.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 2,232nd-largest of 5,648 plans among New York employers on file, and the 252nd of 2,240 in accommodation & food services. In 2025, the employer put in $1.96 for every $1.00 employees contributed themselves.
Local 1102 401(K) Retirement Plan's 2025 employer contribution ran below the $2,666 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.
Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 116149563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.