Plan Ledger DOL Form 5500 · updated monthly

M J Engineering and Land Surveying401(k)

M J ENGINEERING AND LAND SURVEYING, P.C. 401(K) PROFIT SHARING PLAN · CLIFTON PARK, NY · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

M J Engineering and Land Surveying reported $67,036 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,148 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 0.46% to 0.49%. 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 (2,991st of 5,648), and 6,635th of 11,654 in professional & technical services. In 2024, employees put in $4.14 for every $1.00 the employer contributed; active participation has grown from 127 to 146 since 2022.

Plan summary
Net assets, end of year$14,731,697
Participants with balances140
Active participants146
Employer contributions$313,650
Employee contributions$1,298,692
Employer contribution per active participant$2,148
Average account balance$105,226
Benefits paid to participants$1,076,937
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ, SELIG & ZERONDA, CPAS, L.L.P.
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 140 accts · $314K emplr
2023$12.7M · 127 accts · $265K emplr
2022$10.3M · 125 accts · $248K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,851
Investment management$2,801
Total administrative$67,036
The M J Engineering and Land Surveying 401(k) match · 2024
Employer contribution per active participant$2,148
Median for plans this size$2,416
2024$2,148 per active participant
2023$1,843 per active participant
2022$1,955 per active participant

M J Engineering and Land Surveying'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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$722
WILSHIRE ASSOCIATES INC · Investment advisory (participants)$2,801

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$67,036 · 0.49%
2023$54,469 · 0.47%
2022$51,625 · 0.46%
Same employer
Similar plansProfessional & Technical Services · New York
Fnz USA Inc. NY$15.1M · 0.25%
Synacor, Inc NY$15.0M · 0.23%
Mparticle Inc. NY$14.7M · 0.01%
Mitchell & Titus, LLP NY$14.6M · 0.01%
Gympass US, LLC NY$14.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141610087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.