Plan Ledger DOL Form 5500 · updated monthly

Matte Finish LLC401(k)

MATTE PROJECTS 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Matte Finish LLC reported $9,563 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $2,985 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (5,054th of 5,648), and 10,761st of 11,654 in professional & technical services. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,345,641
Participants with balances103
Active participants50
Employer contributions$149,255
Employee contributions$351,389
Employer contribution per active participant$2,985
Average account balance$22,773
Benefits paid to participants$118,130
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,588
Investment management$3,975
Total administrative$9,563
The Matte Finish LLC 401(k) match · 2024
Employer contribution per active participant$2,985
Median for plans this size$1,313

Matte Finish LLC's 2024 employer contribution ran above the $1,313 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$5,588

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

Administrative cost history1
2024$9,563 · 0.41%
Similar plansProfessional & Technical Services · New York
Signpost, Inc. NY$2.6M · 0.86%
Hypr Corp NY$2.6M · 0.01%
Legacy Ejy Subsidiary LLC NY$2.5M · 0.63%
The Glimpse Group, Inc. NY$2.4M · 0.88%
Npower Inc. NY$2.3M · 1.03%
Mueller Services, Inc. NY$2.2M · 0.61%
Emerging 1, Inc NY$2.1M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463486461 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.