Plan Ledger DOL Form 5500 · updated monthly

Main Street Radiology at Bayside, LLC401(k)

MSR/RAMS RETIREMENT PLAN · BAYSIDE, NY · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Main Street Radiology at Bayside, LLC reported $102,425 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $6,927 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 0.21% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 970th-largest of 5,648 plans among New York employers on file, and the 1,881st of 11,654 in professional & technical services. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves; active participation has grown from 278 to 349 since 2022.

Plan summary
Net assets, end of year$77,433,315
Participants with balances408
Active participants349
Employer contributions$2,417,529
Employee contributions$2,351,690
Employer contribution per active participant$6,927
Average account balance$189,788
Benefits paid to participants$536,425
Plan auditUnmodified (clean) audit opinion
AuditorFRENDEL BROWN & WEISSMAN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$77.4M · 408 accts · $2.4M emplr
2023$62.7M · 400 accts · $2.2M emplr
2022$49.4M · 368 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,092
Investment management$61,333
Total administrative$102,425
The Main Street Radiology at Bayside, LLC 401(k) match · 2024
Employer contribution per active participant$6,927
Median for plans this size$3,635
2024$6,927 per active participant
2023$6,994 per active participant
2022$7,421 per active participant

Main Street Radiology at Bayside, LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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.

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 · 20246
ASCENSUS LLC · Contract administrator · Recordkeeping$24,392
THE BENEFIT PRACTICE · Recordkeeping$16,550
NORTHWESTERN MUTUAL · Investment advisory (participants) · Investment advisory (plan)$37,375
DOUGLAS LANE & ASSOCIATES, LLC$14,801
ENVESTNET RETIREMENT SOLUTIONS$9,157

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

Recordkeeper by year2
2024Ascensus, THE BENEFIT PRACTICE
2023Ascensus, THE BENEFIT PRACTICE

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

Administrative cost history3
2024$102,425 · 0.15%
2023$124,082 · 0.22%
2022$111,364 · 0.21%
Same employer
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Trump Payroll Corp. NY$75.0M · 0.02%
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Source: U.S. Department of Labor, Form 5500 series, EIN 113545588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.