Plan Ledger DOL Form 5500 · updated monthly

Milford Consultants LTD.401(k)

MILFORD CONSULTANTS LTD. DEFINED CONTRIBUTION RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Milford Consultants LTD. reported $49,235 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $19,090 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 0.16% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,479th-largest of 5,648 plans among New York employers on file, and the 644th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$20,763,616
Participants with balances114
Active participants97
Employer contributions$1,851,690
Employee contributions$0
Employer contribution per active participant$19,090
Average account balance$182,137
Benefits paid to participants$596,764
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 114 accts · $1.9M emplr
2023$17.9M · 107 accts · $1.7M emplr
2022$17.5M · 114 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,479
Investment management$35,756
Total administrative$49,235
The Milford Consultants LTD. 401(k) match · 2024
Employer contribution per active participant$19,090
Median for plans this size$2,416
2024$19,090 per active participant
2023$18,140 per active participant
2022$17,096 per active participant

Milford Consultants LTD.'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 · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$35,756
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,479

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$49,235 · 0.25%
2023$32,794 · 0.19%
2022$30,398 · 0.16%
Similar plansReal Estate & Leasing · New York
Samson Management NY$21.4M · 0.22%
Gfp Real Estate LLC NY$21.4M · 0.38%
Kraus Holdings, Inc NY$21.2M · 0.01%
Dreamscape Companies LLC NY$20.7M · 0.00%
Rd Management, LLC NY$20.7M · 0.26%
Riverbay Corporation NY$19.9M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 010789442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.