Plan Ledger DOL Form 5500 · updated monthly

Morrison Cohen LLP401(k)

MORRISON COHEN RETIREMENT AND SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Morrison Cohen LLP reported $80,934 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $13,065 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 0.05% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 657th-largest of 5,648 plans among New York employers on file, and the 1,218th of 11,654 in professional & technical services. In 2024, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$126,842,560
Participants with balances231
Active participants186
Employer contributions$2,430,123
Employee contributions$2,689,100
Employer contribution per active participant$13,065
Average account balance$549,102
Benefits paid to participants$12,072,651
Plan auditUnmodified (clean) audit opinion
AuditorANCHIN BLOCK & ANCHIN
Plan history3
Yearassets · accounts · employer contribution
2024$126.8M · 231 accts · $2.4M emplr
2023$112.7M · 226 accts · $2.8M emplr
2022$94.3M · 205 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,645
Investment management$30,289
Total administrative$80,934
The Morrison Cohen LLP 401(k) match · 2024
Employer contribution per active participant$13,065
Median for plans this size$3,635
2024$13,065 per active participant
2023$13,890 per active participant
2022$13,628 per active participant

Morrison Cohen LLP's 2024 employer contribution ran above the $3,635 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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$54,975
NEWPORT CAPITAL GROUP, LLC · Investment management$25,960
CHARLES SCHWAB & CO., INC. · Securities brokerage$625

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$80,934 · 0.07%
2023$132,783 · 0.13%
2022$48,791 · 0.05%
Same employer
Similar plansProfessional & Technical Services · New York
Clyde & Co US LLP NY$136.3M · 0.10%
Criteo Corporation NY$133.4M · 0.15%
Legal Services Nyc NY$130.5M · 0.09%
Cardworks, Inc NY$123.7M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133205994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.