Plan Ledger DOL Form 5500 · updated monthly

Preqin, Inc.401(k)

PREQIN, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Preqin, Inc. reported $10,640 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,063 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 0.03% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,195th-largest of 5,648 plans among New York employers on file, and 2,698th of 4,798 in finance & insurance. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has grown from 232 to 274 since 2022.

Plan summary
Net assets, end of year$25,050,173
Participants with balances291
Active participants274
Employer contributions$2,209,128
Employee contributions$2,628,944
Employer contribution per active participant$8,063
Average account balance$86,083
Benefits paid to participants$2,819,167
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 291 accts · $2.2M emplr
2023$19.4M · 295 accts · $2.5M emplr
2022$11.6M · 231 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,640
Total administrative$10,640
The Preqin, Inc. 401(k) match · 2024
Employer contribution per active participant$8,063
Median for plans this size$2,416
2024$8,063 per active participant
2023$8,752 per active participant
2022$5,811 per active participant

Preqin, Inc.'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
ADP, INC. · Loan processing · Recordkeeping$10,639

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,640 · 0.05%
2023$5,795 · 0.04%
2022$3,262 · 0.03%
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Sidney Federal Credit Union NY$25.5M · 0.47%
The Bank of Greene County NY$25.3M · 0.13%
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Source: U.S. Department of Labor, Form 5500 series, EIN 263820466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.