Plan Ledger DOL Form 5500 · updated monthly

Pierpont Capital Holdings LLC401(k)

PIERPONT CAPITAL HOLDINGS LLC 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Pierpont Capital Holdings LLC reported $14,151 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,623rd-largest of 5,648 plans among New York employers on file, and the 1,995th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$39,159,383
Participants with balances242
Active participants214
Employer contributions$0
Employee contributions$3,624,078
Employer contribution per active participant$0
Average account balance$161,816
Benefits paid to participants$2,697,589
Plan auditUnmodified (clean) audit opinion
AuditorHERBEIN AND COMPANY, INC.
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$39.2M · 242 accts
Administrative expenses, itemized · 2022
Investment management$12,145
Total administrative$14,151
The Pierpont Capital Holdings LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266

Pierpont Capital Holdings LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$14,151 · 0.03%
Similar plansFinance & Insurance · New York
Arrow Financial Corporation NY$40.2M · 0.00%
Homestead Funding Corp. NY$40.1M · 0.02%
Lemonade, Inc. NY$39.6M · 0.27%
Tiger Global Management LLC NY$38.7M · 0.31%
Nippon Life Group NY$38.6M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271656380 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.