Plan Ledger DOL Form 5500 · updated monthly

Nyc Alliance Group, LLC401(k)

NYC ALLIANCE GROUP, LLC 401(K) PROFIT SHARING PLAN AND TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Nyc Alliance Group, LLC reported $20,585 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $316 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 0.10% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New York (3,875th of 5,648), and 3,160th of 4,246 in wholesale trade. In 2024, employees put in $12.00 for every $1.00 the employer contributed; active participation has shrunk from 427 to 351 since 2022.

Plan summary
Net assets, end of year$8,304,341
Participants with balances342
Active participants351
Employer contributions$110,909
Employee contributions$1,330,922
Employer contribution per active participant$316
Average account balance$24,282
Benefits paid to participants$1,343,943
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 342 accts · $111K emplr
2023$7.1M · 525 accts · $207K emplr
2022$6.1M · 429 accts · $146K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,585
Total administrative$20,585
The Nyc Alliance Group, LLC 401(k) match · 2024
Employer contribution per active participant$316
Median for plans this size$1,313
2024$316 per active participant
2023$420 per active participant
2022$342 per active participant

Nyc Alliance Group, 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
ADP, INC. · Loan processing · Recordkeeping$20,585
ADP BROKER-DEALER · Other servicesindirect comp
PARK AVENUE SECURITIES LLC · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$20,585 · 0.27%
2023$18,189 · 0.28%
2022$5,560 · 0.10%
Similar plansWholesale Trade · New York
Delta Enterprise Corp. NY$8.5M · 0.72%
Ted Baker Limited NY$8.4M · 0.05%
Power Drives, Inc. NY$8.3M · 0.66%
Stoli Group USA, LLC NY$8.1M · 0.56%
Lamb Farms Inc NY$7.7M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460838402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.