Plan Ledger DOL Form 5500 · updated monthly

Midocean US Advisor LP401(k)

MIDOCEAN US ADVISOR LP 401K PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Midocean US Advisor LP reported $1,425 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,106 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 has held roughly steady near 0.004%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,487th-largest of 5,648 plans among New York employers on file, and the 1,821st of 4,798 in finance & insurance. In 2024, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,468,589
Participants with balances132
Active participants90
Employer contributions$1,449,541
Employee contributions$1,665,966
Employer contribution per active participant$16,106
Average account balance$336,883
Benefits paid to participants$2,553,253
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$44.5M · 132 accts · $1.4M emplr
2023$36.5M · 129 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100
Investment management$1,325
Total administrative$1,425
The Midocean US Advisor LP 401(k) match · 2024
Employer contribution per active participant$16,106
Median for plans this size$2,416
2024$16,106 per active participant
2023$17,419 per active participant

Midocean US Advisor LP'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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$100

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

Administrative cost history2
2024$1,425 · 0.00%
2023$1,144 · 0.00%
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Source: U.S. Department of Labor, Form 5500 series, EIN 431994382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.