Plan Ledger DOL Form 5500 · updated monthly

New York Technology Partners401(k)

NEW YORK TECHNOLOGY PARTNERS 401(K) PROFIT SHARING PLAN & TRUST · JERSEY CITY, NJ · plan year 2022

Reported admin expense ratio · 2022
0.32%

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

New York Technology Partners reported $9,558 in plan administrative expenses for 2022: 0.32% of average plan assets, below the peer median. Employer contributions averaged $0 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 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (2,064th of 2,419), and 10,592nd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,849,560
Participants with balances51
Active participants212
Employer contributions$0
Employee contributions$444,937
Employer contribution per active participant$0
Average account balance$55,874
Benefits paid to participants$258,235
Plan auditUnmodified (clean) audit opinion
AuditorSBFR PARTNERS CPAS LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,455
Investment management$8,103
Total administrative$9,558
The New York Technology Partners 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

New York Technology Partners's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,558 · 0.32%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Systechcorp, Inc. NJ$3.2M · 0.04%
Dr. Schar USA, Inc. NJ$3.0M · 0.36%
Real Soft, Inc. NJ$2.9M · 0.16%
Coachsource LLC NJ$2.9M · 0.83%
Rang Technologies Inc NJ$2.8M · 0.88%
Gdb International Inc NJ$2.8M · 0.69%
Lenfam Management Company NJ$2.6M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223529507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.