Plan Ledger DOL Form 5500 · updated monthly

New World Travel, Inc.401(k)

NEW WORLD TRAVEL, INC. EMPLOYEE 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

New World Travel, Inc. reported $11,605 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,368 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 0.02% to 0.06%. 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 2,667th-largest of 5,648 plans among New York employers on file, and the 666th of 2,534 in administrative & support services. In 2024, employees put in $1.26 for every $1.00 the employer contributed; active participation has shrunk from 56 to 38 since 2022.

Plan summary
Net assets, end of year$18,090,450
Participants with balances95
Active participants38
Employer contributions$241,979
Employee contributions$304,815
Employer contribution per active participant$6,368
Average account balance$190,426
Benefits paid to participants$2,269,615
Plan auditUnmodified (clean) audit opinion
AuditorBARBERA & BARBERA CPA
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 95 accts · $242K emplr
2023$17.6M · 101 accts · $279K emplr
2022$14.6M · 104 accts · $248K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,725
Total administrative$11,605
The New World Travel, Inc. 401(k) match · 2024
Employer contribution per active participant$6,368
Median for plans this size$2,416
2024$6,368 per active participant
2023$5,700 per active participant
2022$4,434 per active participant

New World Travel, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
ASCENSUS · Other servicesindirect 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$11,605 · 0.06%
2023$7,357 · 0.05%
2022$2,800 · 0.02%
Similar plansAdministrative & Support Services · New York
Capital Rx NY$20.2M · 0.06%
Stuart Dean Company, Inc. NY$20.0M · 0.21%
Deployed Resources LLC NY$19.3M · 0.67%
Sentry Centers Holdings LLC NY$18.2M · 0.46%
Axelon Services Corporation NY$18.1M · 0.21%
Pritchard Industries, LLC NY$17.3M · 0.43%
Mintz Group LLC NY$16.8M · 0.43%
Aaa Northway, Inc. NY$16.3M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 133012677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.