Plan Ledger DOL Form 5500 · updated monthly

Modern Disposal Services, Inc.401(k)

MODERN DISPOSAL SERVICES, INC. 401(K) PLAN · MODEL CITY, NY · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Modern Disposal Services, Inc. reported $78,565 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,836 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 0.25% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 2,041st-largest of 5,648 plans among New York employers on file, and the 473rd of 2,534 in administrative & support services. In 2024, employees put in $2.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,196,084
Participants with balances610
Active participants503
Employer contributions$923,540
Employee contributions$2,291,868
Employer contribution per active participant$1,836
Average account balance$46,223
Benefits paid to participants$4,432,153
Plan auditUnmodified (clean) audit opinion
AuditorBROCK, SCHECHTER & POLAKOFF, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.2M · 610 accts · $924K emplr
2023$26.5M · 605 accts · $863K emplr
2022$22.9M · 562 accts · $792K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,565
Total administrative$78,565
The Modern Disposal Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,836
Median for plans this size$2,416
2024$1,836 per active participant
2023$1,537 per active participant
2022$1,424 per active participant

Modern Disposal Services, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
ACTUARIAL CONSULTING SERVICES$570
COURIER CAPITAL INC · Investment advisory (plan) · Contract administratorindirect comp
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processingindirect comp

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$78,565 · 0.29%
2023$65,422 · 0.26%
2022$64,310 · 0.25%
Same employer
Similar plansAdministrative & Support Services · New York
Cpacom Inc NY$31.5M · 0.01%
Emplova, LLC NY$29.5M · 0.40%
Opal Fuels LLC NY$29.0M · 0.02%
Reenergy Holdings LLC NY$27.8M · 0.30%
First Protocol, Inc. NY$27.6M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160875858 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.