Plan Ledger DOL Form 5500 · updated monthly

Olivier Cheng Catering and Event401(k)

OCC 401(K) RETIREMENT PLAN & TRUST · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
1.55%

Olivier Cheng Catering and Event reported $18,898 in plan administrative expenses for 2023: 1.55% of average plan assets, higher than ~90% of peers. 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 1 year on file its reported administrative ratio fell from 1.64% to 1.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (5,259th of 5,648), and 1,607th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$1,331,153
Participants with balances141
Active participants189
Employer contributions—
Employee contributions$247,044
Employer contribution per active participant—
Average account balance$9,441
Benefits paid to participants$217,259
Plan auditUnmodified (clean) audit opinion
AuditorCOULTER & JUSTTUS PC
Plan history2
Yearassets · accounts · employer contribution
2023$1.3M · 141 accts
2022$1.1M · 142 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,827
Investment management$6,071
Total administrative$18,898
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
ADP, INC. · Loan processing · Recordkeeping$12,826
RMR WEALTH BUILDERS INC · Recordkeeping · Trustee$6,071

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$18,898 · 1.55%
2022$18,943 · 1.64%
Similar plansAccommodation & Food Services · New York
Root 2 LLC NY$1.4M · 1.33%
Chh, LLC NY$1.2M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010661561 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.