Plan Ledger DOL Form 5500 · updated monthly

Pawling Corporation401(k)

PAWLING CORPORATION 401(K) PROFIT SHARING PLAN & TRUST · WASSAIC, NY · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Pawling Corporation reported $42,349 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,521 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 0.32% to 0.37%. 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 among the smaller plans on file in New York (3,293rd of 5,648), and 7,324th of 11,654 in professional & technical services. In 2024, employees put in $3.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,228,851
Participants with balances117
Active participants79
Employer contributions$120,168
Employee contributions$410,277
Employer contribution per active participant$1,521
Average account balance$104,520
Benefits paid to participants$258,856
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 117 accts · $120K emplr
2023$10.5M · 119 accts · $108K emplr
2022$9.0M · 117 accts · $102K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,362
Investment management$25,127
Trustee / custodial$860
Total administrative$42,349
The Pawling Corporation 401(k) match · 2024
Employer contribution per active participant$1,521
Median for plans this size$2,416
2024$1,521 per active participant
2023$1,408 per active participant
2022$1,325 per active participant

Pawling Corporation's 2024 employer contribution ran below the $2,416 median for plans its size. 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
PAYCHEX, INC. · Recordkeeping$16,095
EXCEL WEALTH MANAGEMENT, LLC · Investment advisory (participants)$23,314

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

Recordkeeper by year2
2024Paychex
2023EXCEL WEALTH MANAGEMENT, LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Pawling Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,349 · 0.37%
2023$38,059 · 0.39%
2022$31,567 · 0.32%
Similar plansProfessional & Technical Services · New York
Roth & Company LLP NY$12.4M · 0.38%
Urban Justice Center NY$12.3M · 0.57%
Johannes Leonardo, LLC NY$12.2M · 0.38%
Ted Moudis Associates, Inc. NY$12.2M · 0.19%
Rpci Oncology, PC NY$12.1M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141277239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.