Plan Ledger DOL Form 5500 · updated monthly

Milber, Makris, Plousadis & Seiden LLP401(k)

MILBER, MAKRIS, PLOUSADIS & SEIDEN 401(K) PLAN · WOODBURY, NY · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Milber, Makris, Plousadis & Seiden LLP reported $52,912 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.22% to 0.19%. 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 1,918th-largest of 5,648 plans among New York employers on file, and the 4,078th of 11,654 in professional & technical services. active participation has grown from 185 to 280 since 2022.

Plan summary
Net assets, end of year$30,850,228
Participants with balances262
Active participants280
Employer contributions$0
Employee contributions$1,697,116
Employer contribution per active participant$0
Average account balance$117,749
Benefits paid to participants$409,692
Plan auditUnmodified (clean) audit opinion
AuditorTMI CPA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$30.9M · 262 accts
2023$26.1M · 233 accts
2022$21.5M · 215 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,012
Investment management$5,900
Total administrative$52,912
The Milber, Makris, Plousadis & Seiden LLP 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Milber, Makris, Plousadis & Seiden LLP's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$47,012
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,900

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$52,912 · 0.19%
2023$51,805 · 0.22%
2022$51,662 · 0.22%
Same employer
Similar plansProfessional & Technical Services · New York
Anteriad, LLC NY$31.3M · 0.32%
Monday.com Inc. NY$31.1M · 0.36%
Personal Computers, Inc. NY$31.0M · 0.36%
Mediamath, Inc. NY$30.8M · 0.02%
Selendy Gay PLLC NY$30.6M · 0.16%
Ts Imagine, Inc. NY$30.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113431286 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.