Plan Ledger DOL Form 5500 · updated monthly

Ne 11 Holdings Opco LLC401(k)

NE 11 HOLDINGS OPCO LLC 401(K) PLAN · VALLEY STREAM, NY · plan year 2024

Reported admin expense ratio · 2024
1.08%

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

Ne 11 Holdings Opco LLC reported $20,925 in plan administrative expenses for 2024: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $100 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,072nd of 5,648), and 9,825th of 11,911 in health care & social assistance. In 2024, employees put in $2.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,272,433
Participants with balances128
Active participants796
Employer contributions$79,684
Employee contributions$236,142
Employer contribution per active participant$100
Average account balance$17,753
Benefits paid to participants$374,741
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.3M · 128 accts · $80K emplr
2023$1.6M · 123 accts · $25K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,925
Audit (IQPA)$6,000
Total administrative$20,925
The Ne 11 Holdings Opco LLC 401(k) match · 2024
Employer contribution per active participant$100
Median for plans this size$1,313
2024$100 per active participant
2023$48 per active participant

Ne 11 Holdings Opco LLC's 2024 employer contribution ran below the $1,313 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$10,003
SMITH AND HOWARD PC · Accounting / audit$6,000

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

Administrative cost history2
2024$20,925 · 1.08%
2023Not separately reported
Similar plansHealth Care & Social Assistance · New York
Link Homecare, LLC NY$2.3M · 5.64%
Barrier Free Living, Inc. NY$2.2M · 0.58%
Dominican Village, Inc. NY$2.2M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 923758901 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.