Plan Ledger DOL Form 5500 · updated monthly

Maspeth Town Hall, Inc.401(k)

MASPETH TOWN HALL INC 401K · MASPETH, NY · plan year 2024

Reported admin expense ratio · 2024
1.93%

Maspeth Town Hall, Inc. reported $6,672 in plan administrative expenses for 2024: 1.93% of average plan assets, above the peer median. 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 0.58% to 1.93%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (5,483rd of 5,648), and 3,047th of 3,091 in educational services.

Plan summary
Net assets, end of year$413,330
Participants with balances287
Active participants303
Employer contributions—
Employee contributions$158,979
Employer contribution per active participant—
Average account balance$1,440
Benefits paid to participants$61,250
Plan auditUnmodified (clean) audit opinion
AuditorFAULISI & COMPANY CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$413K · 287 accts
2023$279K · 306 accts
2022$93K · 179 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,672
Total administrative$6,672
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 · 20241
ADP, INC. · Recordkeeping$6,671

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$6,672 · 1.93%
2023$2,967 · 1.60%
2022$535 · 0.58%
Similar plansEducational Services · New York
Important Steps, Inc. NY$717K · 0.70%
Counseling in Schools Inc NY$626K · 2.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237259702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.