Plan Ledger DOL Form 5500 · updated monthly

Mackenzie-Childs, LLC401(k)

MACKENZIE-CHILDS 401(K) PLAN · AURORA, NY · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Mackenzie-Childs, LLC reported $42,388 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $1,315 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 3 years on file its reported administrative ratio has held roughly steady near 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,647th of 5,648), and 8,925th of 13,661 in manufacturing. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,734,417
Participants with balances137
Active participants231
Employer contributions$303,656
Employee contributions$679,801
Employer contribution per active participant$1,315
Average account balance$71,054
Benefits paid to participants$484,110
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 137 accts · $304K emplr
2023$8.1M · 133 accts · $255K emplr
2022$6.3M · 123 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,096
Investment management$30,292
Total administrative$42,388
The Mackenzie-Childs, LLC 401(k) match · 2024
Employer contribution per active participant$1,315
Median for plans this size$1,313
2024$1,315 per active participant
2023$1,143 per active participant
2022$1,050 per active participant

Mackenzie-Childs, LLC's 2024 employer contribution ran above 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 · 20243
BENEFIT PLANS ADMINISTRATIVE SVCS · Recordkeeping · Loan processing$18,183
AMERICAN PORTFOLIO ADVISORS · Investment advisory (participants) · Participant communication$16,461
OSAIC WEALTH, INC. · Investment advisory (participants) · Investment advisory (plan)$6,056

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

Recordkeeper by year2
2024BENEFIT PLANS ADMINISTRATIVE SVCS
2023BENEFIT PLANS ADMINISTRATIVE SVCS

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Administrative cost history3
2024$42,388 · 0.48%
2023$35,167 · 0.49%
2022$34,301 · 0.47%
Same employer
Similar plansManufacturing · New York
Makerbot Industries Inc NY$10.0M · 0.14%
Mwi, Inc. NY$9.9M · 0.43%
Brooklyn Brewery Corp. NY$9.9M · 0.63%
Hyzon Motors USA, Inc. NY$9.9M · 0.66%
Eb Golf Media LLC NY$9.5M · 0.03%
Hanky Panky LTD. NY$9.5M · 0.14%
Acro Industries Inc NY$9.4M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262208550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.