Plan Ledger DOL Form 5500 · updated monthly

Moritt Hock & Hamroff LLP401(k)

MORITT HOCK & HAMROFF LLP 401(K) PROFIT SHARING PLAN · GARDEN CITY, NY · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Moritt Hock & Hamroff LLP reported $144,366 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,049 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 0.37% to 0.33%. 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 1,410th-largest of 5,648 plans among New York employers on file, and the 2,865th of 11,654 in professional & technical services. In 2024, employees put in $6.68 for every $1.00 the employer contributed; active participation has grown from 140 to 159 since 2022.

Plan summary
Net assets, end of year$47,742,587
Participants with balances168
Active participants159
Employer contributions$325,867
Employee contributions$2,178,404
Employer contribution per active participant$2,049
Average account balance$284,182
Benefits paid to participants$435,161
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.7M · 168 accts · $326K emplr
2023$39.8M · 154 accts · $290K emplr
2022$34.5M · 144 accts · $280K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,575
Investment management$68,481
Audit (IQPA)$24,150
Total administrative$144,366
The Moritt Hock & Hamroff LLP 401(k) match · 2024
Employer contribution per active participant$2,049
Median for plans this size$2,416
2024$2,049 per active participant
2023$1,861 per active participant
2022$2,002 per active participant

Moritt Hock & Hamroff LLP'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 · 20245
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$62,931
EISNERAMPER LLP · Accounting / audit$24,150
INTAC ACTUARIAL SERVICES · Other services$6,160
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,550

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$144,366 · 0.33%
2023$160,082 · 0.43%
2022$137,967 · 0.37%
Same employer
Similar plansProfessional & Technical Services · New York
Accordion Partners, LLC NY$48.5M · 0.20%
Klick USA Inc. NY$48.0M · 0.26%
Torys LLP NY$47.9M · 0.09%
Greenhouse Software, Inc. NY$47.5M · 0.30%
The Matco Group, Inc. NY$46.4M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112954522 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.