Plan Ledger DOL Form 5500 · updated monthly

Millennium Partners Management L401(k)

MILLENNIUM PARTNERS MANAGEMENT LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

Millennium Partners Management L reported $16,867 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. 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 3 years on file its reported administrative ratio has held roughly steady near 0.062%. 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 1,972nd-largest of 5,648 plans among New York employers on file, and the 462nd of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$29,676,113
Participants with balances133
Active participants123
Employer contributions—
Employee contributions$1,285,986
Employer contribution per active participant—
Average account balance$223,129
Benefits paid to participants$584,596
Plan auditUnmodified (clean) audit opinion
AuditorG.R. REID ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$29.7M · 133 accts
2023$25.2M · 132 accts
2022$21.5M · 140 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,700
Investment management$13,167
Total administrative$16,867
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 · 20243
MESIROW FINANCIAL INVESTMENT MANAGE · Recordkeeping · Trustee$13,167
ADP, INC. · Loan processing · Recordkeeping$3,700
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, MESIROW FINANCIAL INVESTMENT MANAGE
2023ADP, MESIROW FINANCIAL INVESTMENT MANAGE

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Administrative cost history3
2024$16,867 · 0.06%
2023$14,626 · 0.06%
2022$14,315 · 0.06%
Same employer
Similar plansReal Estate & Leasing · New York
Rent the Runway, Inc. NY$34.8M · 0.18%
Time Equities, Inc. NY$30.7M · 0.31%
Bldg Management Co, Inc. NY$29.6M · 0.02%
Fairfield Properties NY$29.0M · 0.42%
Rose Associates, Inc. NY$28.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133946388 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.