Plan Ledger DOL Form 5500 · updated monthly

Metropolis Group Inc401(k)

METROPOLIS GROUP INC 401(K) PROFIT SHARING PLAN & TRUST · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Metropolis Group Inc reported $20,641 in plan administrative expenses for 2022: 0.28% of average plan assets, below the peer median. Employer contributions averaged $3,482 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 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (4,148th of 5,648), and 9,186th of 11,654 in professional & technical services. In 2022, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,566,493
Participants with balances68
Active participants50
Employer contributions$174,116
Employee contributions$308,628
Employer contribution per active participant$3,482
Average account balance$96,566
Benefits paid to participants$320,359
Plan auditUnmodified (clean) audit opinion
AuditorMIKE AVERSANO CPA, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,430
Investment management$18,211
Total administrative$20,641
The Metropolis Group Inc 401(k) match · 2022
Employer contribution per active participant$3,482
Median for plans this size$1,114

Metropolis Group Inc's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$20,641 · 0.28%
Similar plansProfessional & Technical Services · New York
Red Antler, LLC NY$6.6M · 0.30%
John McGuigan NY$6.6M · 0.23%
Site Safety LLC NY$6.6M · 0.82%
Nsone, Inc. NY$6.6M · 0.24%
Upstack, Inc. NY$6.5M · 0.54%
Glia Technologies, Inc. NY$6.5M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133967149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.