Plan Ledger DOL Form 5500 · updated monthly

Piping Rock Club401(k)

PIPING ROCK CLUB 401(K) AND DEFINED CONTRIBUTION PLAN · LOCUST VALLEY, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Piping Rock Club reported $496 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,348 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 fell from 0.01% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in New York (3,003rd of 5,648), and the 527th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 94 to 115 since 2022.

Plan summary
Net assets, end of year$14,627,923
Participants with balances132
Active participants115
Employer contributions$499,980
Employee contributions$679,028
Employer contribution per active participant$4,348
Average account balance$110,818
Benefits paid to participants$1,552,920
Plan auditUnmodified (clean) audit opinion
AuditorCONDON OMEARA MCGINTY & DONNELLY LL
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 132 accts · $500K emplr
2023$13.4M · 119 accts · $436K emplr
2022$13.0M · 107 accts · $440K emplr
Administrative expenses, itemized · 2024
Investment management$496
Total administrative$496
The Piping Rock Club 401(k) match · 2024
Employer contribution per active participant$4,348
Median for plans this size$2,416
2024$4,348 per active participant
2023$3,961 per active participant
2022$4,679 per active participant

Piping Rock Club's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
WELLS FARGO ADVISORS FIN. NETWORK · Investment advisory (plan)$34,052

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

Administrative cost history3
2024$496 · 0.00%
2023$380 · 0.00%
2022$1,275 · 0.01%
Similar plansArts, Entertainment & Recreation · New York
Nederlander Productions NY$16.3M · 0.04%
Atari, Inc. NY$16.0M · 0.00%
Sportime Clubs, LLC NY$14.8M · 0.37%
Fenimore Art Museum NY$14.5M · 0.00%
Underdog Sports, Inc. NY$14.4M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111191180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.