Plan Ledger DOL Form 5500 · updated monthly

Malca-Amit North America, Inc.401(k)

MALCA-AMIT NORTH AMERICA, INC. 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Malca-Amit North America, Inc. reported $39,714 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $807 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 0.26% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 2,623rd-largest of 5,648 plans among New York employers on file, and the 786th of 2,677 in transportation & warehousing. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 434 to 502 since 2022.

Plan summary
Net assets, end of year$18,528,343
Participants with balances181
Active participants502
Employer contributions$405,341
Employee contributions$982,798
Employer contribution per active participant$807
Average account balance$102,367
Benefits paid to participants$225,436
Plan auditUnmodified (clean) audit opinion
AuditorKKM CPA ASSOCIATES PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 181 accts · $405K emplr
2023$15.1M · 167 accts · $375K emplr
2022$14.2M · 165 accts · $247K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,357
Investment management$6,357
Total administrative$39,714
The Malca-Amit North America, Inc. 401(k) match · 2024
Employer contribution per active participant$807
Median for plans this size$2,416
2024$807 per active participant
2023$2,679 per active participant
2022$568 per active participant

Malca-Amit North America, Inc.'s 2024 employer contribution ran below the $2,416 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.

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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$6,357
FLAGSTAR ADVISORS INCindirect comp

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$39,714 · 0.24%
2023$27,847 · 0.19%
2022$37,696 · 0.26%
Same employer
Similar plansTransportation & Warehousing · New York
Aer Lingus Limited NY$25.6M · 0.11%
Delaware Otsego Corporation NY$23.0M · 0.02%
Motivate LLC NY$17.1M · 0.63%
Qatar Airways Qcsc NY$17.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133042269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.