Plan Ledger DOL Form 5500 · updated monthly

Meltzer, Lippe, Goldstein, Etal401(k)

MELTZER, LIPPE, GOLDSTEIN & BREITSTONE, LLP PROFIT SHARING PLAN (401(K)) · MINEOLA, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Meltzer, Lippe, Goldstein, Etal reported $7,444 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,042 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 0.018% to 0.019%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,570th-largest of 5,648 plans among New York employers on file, and the 3,235th of 11,654 in professional & technical services. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,105,603
Participants with balances212
Active participants135
Employer contributions$950,678
Employee contributions$1,848,308
Employer contribution per active participant$7,042
Average account balance$193,894
Benefits paid to participants$1,936,137
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.1M · 212 accts · $951K emplr
2023$35.7M · 219 accts · $862K emplr
2022$30.1M · 217 accts · $826K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$562
Investment management$6,882
Total administrative$7,444
The Meltzer, Lippe, Goldstein, Etal 401(k) match · 2024
Employer contribution per active participant$7,042
Median for plans this size$2,416
2024$7,042 per active participant
2023$6,292 per active participant
2022$6,355 per active participant

Meltzer, Lippe, Goldstein, Etal's 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$7,444 · 0.02%
2023$6,460 · 0.02%
2022$5,893 · 0.02%
Similar plansProfessional & Technical Services · New York
Mga Research Corporation NY$41.4M · 0.35%
Pride Capital Partners, LLC NY$40.9M · 0.70%
Weitz & Luxenberg, P.C. NY$40.8M · 0.34%
United Radio, Inc. NY$40.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113581269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.