Plan Ledger DOL Form 5500 · updated monthly

Otg Concessions Management, LLC401(k)

OTG CONCESSIONS MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Otg Concessions Management, LLC reported $212,642 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $678 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 0.25% to 0.71%. 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 the 1,830th-largest of 5,648 plans among New York employers on file, and the 3,840th of 11,654 in professional & technical services. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,338,066
Participants with balances963
Active participants3,766
Employer contributions$2,553,653
Employee contributions$4,171,399
Employer contribution per active participant$678
Average account balance$34,619
Benefits paid to participants$3,663,840
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.3M · 963 accts · $2.6M emplr
2023$26.5M · 839 accts · $1.8M emplr
2022$21.3M · 833 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,095
Investment management$58,325
Total administrative$212,642
The Otg Concessions Management, LLC 401(k) match · 2024
Employer contribution per active participant$678
Median for plans this size$2,416
2024$678 per active participant
2023$399 per active participant
2022$469 per active participant

Otg Concessions Management, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
T ROWE PRICE RPS INC · Recordkeeping · Trustee$82,095
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$58,325

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$212,642 · 0.71%
2023$86,444 · 0.36%
2022$55,792 · 0.25%
Similar plansProfessional & Technical Services · New York
Cedar Cares, Inc. NY$34.0M · 0.07%
Guidepoint Global, LLC NY$33.8M · 0.42%
Efpr Group LLP NY$33.7M · 0.16%
Ahmuty, Demers & McManus NY$33.7M · 0.49%
Ladas & Parry NY$33.2M · 0.02%
Movable Inc. NY$31.9M · 0.20%
G & S Communications Inc. NY$31.6M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821706205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.