Plan Ledger DOL Form 5500 · updated monthly

Paths Management Services LLC401(k)

PATHS MANAGEMENT SERVICES LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.30%

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

Paths Management Services LLC reported $51,695 in plan administrative expenses for 2024: 1.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $548 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 1 year on file its reported administrative ratio rose from 0.00% to 1.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New York (4,410th of 5,648), and 3,906th of 5,337 in construction. In 2024, employees put in $6.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,374,312
Participants with balances462
Active participants525
Employer contributions$287,496
Employee contributions$1,986,979
Employer contribution per active participant$548
Average account balance$11,633
Benefits paid to participants$522,978
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.4M · 462 accts · $287K emplr
2023$2.6M · 357 accts · $81K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,530
Investment management$4,165
Total administrative$51,695
The Paths Management Services LLC 401(k) match · 2024
Employer contribution per active participant$548
Median for plans this size$1,313
2024$548 per active participant
2023$175 per active participant

Paths Management Services 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
ALLIANT INSURANCE SERVICES INC DBA · Contract administrator · Investment advisory (plan)$25,236
EMPOWER ADVISORY GROUP LLC · Investment management$4,165

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

Administrative cost history2
2024$51,695 · 1.30%
2023$105 · 0.00%
Same employer
Similar plansConstruction · New York
Baringa Partners, LP NY$5.7M · 0.79%
Joy Construction Corp. NY$5.7M · 1.43%
Bblbc, LLC NY$5.0M · 0.38%
Donnelly Mechanical Corp. NY$4.7M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920783544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.