Plan Ledger DOL Form 5500 · updated monthly

Noodle Partners, Inc. (dba Noodle)401(k)

NOODLE PARTNERS, INC. (DBA NOODLE) 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Noodle Partners, Inc. (dba Noodle) reported $103,484 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,058 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 0.46% to 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (2,918th of 5,648), and 6,480th of 11,654 in professional & technical services. In 2024, employees put in $4.16 for every $1.00 the employer contributed; active participation has shrunk from 394 to 260 since 2022.

Plan summary
Net assets, end of year$15,411,910
Participants with balances378
Active participants260
Employer contributions$535,060
Employee contributions$2,226,533
Employer contribution per active participant$2,058
Average account balance$40,772
Benefits paid to participants$5,014,872
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 378 accts · $535K emplr
2023$14.4M · 420 accts · $842K emplr
2022$9.8M · 441 accts · $377K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,484
Total administrative$103,484
The Noodle Partners, Inc. (dba Noodle) 401(k) match · 2024
Employer contribution per active participant$2,058
Median for plans this size$2,416
2024$2,058 per active participant
2023$2,521 per active participant
2022$958 per active participant

Noodle Partners, Inc. (dba Noodle)'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$89,734
THE BENEFIT PRACTICE · Other services$13,750
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)indirect 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$103,484 · 0.69%
2023$74,632 · 0.62%
2022$45,605 · 0.46%
Same employer
Similar plansProfessional & Technical Services · New York
Lippe Taylor, LLC NY$15.4M · 0.20%
Bpn, LLP NY$15.3M · 0.83%
The Corporate Source, Inc. NY$15.3M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463611390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.