Plan Ledger DOL Form 5500 · updated monthly

New York City Football Club, LLC401(k)

NEW YORK CITY FOOTBALL CLUB 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

New York City Football Club, LLC reported $23,354 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,450 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 3 years on file its reported administrative ratio has held roughly steady near 0.246%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in New York (3,537th of 5,648), and 661st of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 139 to 177 since 2022.

Plan summary
Net assets, end of year$10,572,791
Participants with balances188
Active participants177
Employer contributions$610,586
Employee contributions$1,192,126
Employer contribution per active participant$3,450
Average account balance$56,238
Benefits paid to participants$1,144,065
Plan auditUnmodified (clean) audit opinion
AuditorSCHULMAN LOBEL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 188 accts · $611K emplr
2023$8.4M · 175 accts · $461K emplr
2022$6.2M · 153 accts · $427K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$906
Investment management$22,448
Total administrative$23,354
The New York City Football Club, LLC 401(k) match · 2024
Employer contribution per active participant$3,450
Median for plans this size$1,313
2024$3,450 per active participant
2023$3,072 per active participant
2022$3,074 per active participant

New York City Football Club, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$22,448
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$906

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$23,354 · 0.25%
2023$22,115 · 0.30%
2022$16,175 · 0.25%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 462677915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.