Plan Ledger DOL Form 5500 · updated monthly

Milrose Consultants, LLC401(k)

MILROSE CONSULTANTS, LLC 401(K)/PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Milrose Consultants, LLC reported $82,134 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $488 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 0.47% to 0.54%. 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 2,690th-largest of 5,648 plans among New York employers on file, and 5,941st of 11,654 in professional & technical services. In 2024, employees put in $7.07 for every $1.00 the employer contributed; active participation has grown from 244 to 413 since 2022.

Plan summary
Net assets, end of year$17,868,359
Participants with balances234
Active participants413
Employer contributions$201,450
Employee contributions$1,424,885
Employer contribution per active participant$488
Average account balance$76,361
Benefits paid to participants$2,479,088
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 234 accts · $201K emplr
2023$12.4M · 123 accts · $6K emplr
2022$9.6M · 125 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,837
Investment management$38,297
Total administrative$82,134
The Milrose Consultants, LLC 401(k) match · 2024
Employer contribution per active participant$488
Median for plans this size$2,416
2024$488 per active participant
2023$22 per active participant

Milrose Consultants, LLC'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$43,837
WELLS FARGO ADVISORS FIN NETWORK · Investment advisory (plan)$31,130
MMA SECURITIES LLC · Investment advisory (plan)$7,166

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$82,134 · 0.54%
2023$54,905 · 0.50%
2022$49,028 · 0.47%
Same employer
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Third Bridge NY$18.4M · 0.83%
Suzy, Inc. NY$18.0M · 0.57%
Juice Pharma Worldwide, LLC NY$17.8M · 0.46%
Diller Scofidio Renfro, LLC NY$17.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113039923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.