Plan Ledger DOL Form 5500 · updated monthly

Nyc & Company, Inc.401(k)

NYC & COMPANY, INC. 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Nyc & Company, Inc. reported $108,992 in plan administrative expenses for 2023: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,528 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 has held roughly steady near 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other other services employers. By assets it is the 2,216th-largest of 5,648 plans among New York employers on file, and the 888th of 3,341 in other services. In 2023, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,490,162
Participants with balances183
Active participants108
Employer contributions$812,976
Employee contributions$1,252,672
Employer contribution per active participant$7,528
Average account balance$133,826
Benefits paid to participants$844,974
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$24.5M · 183 accts · $813K emplr
2022$19.5M · 175 accts · $287K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$56,308
Investment management$52,684
Total administrative$108,992
The Nyc & Company, Inc. 401(k) match · 2023
Employer contribution per active participant$7,528
Median for plans this size$2,440
2023$7,528 per active participant
2022$2,963 per active participant

Nyc & Company, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$56,308
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$52,684

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

Administrative cost history2
2023$108,992 · 0.49%
2022$102,920 · 0.48%
Similar plansOther Services · New York
The Bronx Defenders NY$25.6M · 0.10%
Justice Innovation Inc. NY$25.5M · 0.30%
Robin Hood Foundation NY$25.3M · 0.28%
Child Mind Institute, Inc. NY$24.2M · 0.43%
Cooke School and Institute NY$24.0M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 135531178 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.