Plan Ledger DOL Form 5500 · updated monthly

Mazars USA LLP401(k)

MAZARS USA LLP RETIREMENT & SAVINGS PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Mazars USA LLP reported $93,049 in plan administrative expenses for 2023: 0.06% of average plan assets, below the peer median. Employer contributions averaged $1,923 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 rose from 0.09% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 560th-largest of 5,648 plans among New York employers on file, and the 963rd of 11,654 in professional & technical services. In 2023, employees put in $6.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$164,429,978
Participants with balances1,560
Active participants1,110
Employer contributions$2,134,483
Employee contributions$13,968,962
Employer contribution per active participant$1,923
Average account balance$105,404
Benefits paid to participants$12,130,505
Plan auditUnmodified (clean) audit opinion
AuditorSATTY, LEVINE & CIACCO, CPAS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$372K · 36 accts · $964K emplr
2023$164.4M · 1,560 accts · $2.1M emplr
2022$131.4M · 1,494 accts · $1.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$75,682
Investment management$17,367
Total administrative$93,049
The Mazars USA LLP 401(k) match · 2023
Employer contribution per active participant$1,923
Median for plans this size$3,659
2024$964,118 per active participant
2023$1,923 per active participant
2022$1,581 per active participant

Mazars USA LLP's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$80,062
SATTY LEVINE & CIACCO CPAS PC · Accounting / audit$16,704

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$80,708 · 0.10%
2023$93,049 · 0.06%
2022$122,318 · 0.09%
Same employer
Similar plansProfessional & Technical Services · New York
The Capital Markets Company NY$171.9M · 0.13%
Epstein Becker & Green, P.C. NY$167.7M · 0.08%
Ihi Americas Inc. NY$165.1M · 0.16%
Pryor Cashman LLP NY$160.6M · 0.10%
Harter Secrest & Emery LLP NY$159.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131459550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.