Plan Ledger DOL Form 5500 · updated monthly

McLaughlin & Stern, LLP401(k)

MCLAUGHLIN & STERN, LLP 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

McLaughlin & Stern, LLP reported $9,138 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,530 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 0.13% to 0.02%. 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 1,124th-largest of 5,648 plans among New York employers on file, and the 2,199th of 11,654 in professional & technical services. In 2024, employees put in $3.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$65,096,547
Participants with balances228
Active participants173
Employer contributions$610,636
Employee contributions$1,960,389
Employer contribution per active participant$3,530
Average account balance$285,511
Benefits paid to participants$4,160,156
Plan auditUnmodified (clean) audit opinion
AuditorWAGNER,FERBER FINE & ACKERMAN,PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$65.1M · 228 accts · $611K emplr
2023$55.4M · 222 accts · $690K emplr
2022$47.8M · 219 accts · $714K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,018
Total administrative$9,138
The McLaughlin & Stern, LLP 401(k) match · 2024
Employer contribution per active participant$3,530
Median for plans this size$3,635
2024$3,530 per active participant
2023$4,084 per active participant
2022$4,080 per active participant

McLaughlin & Stern, LLP's 2024 employer contribution ran below the $3,635 median for plans its size. 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
ALLIANT RETIREMENT SERVICES, INC.indirect comp
ALLIANT INSURANCE SERVICES, INC. · Other servicesindirect comp
ALLIANT INSURANCE SERVICESindirect 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$9,138 · 0.02%
2023$53,364 · 0.10%
2022$68,335 · 0.13%
Similar plansProfessional & Technical Services · New York
Lumsden & McCormick, LLP NY$66.4M · 0.00%
Itn Holdings, LLC NY$66.3M · 0.10%
The Conference Board, Inc. NY$65.3M · 0.10%
Seatgeek Inc. NY$64.9M · 0.37%
Mdrc NY$64.8M · 0.13%
Erdman Anthony NY$64.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132993028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.