Plan Ledger DOL Form 5500 · updated monthly

Pryor Cashman LLP401(k)

PRYOR CASHMAN LLP 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Pryor Cashman LLP reported $146,053 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $33,747 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 0.14% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 569th-largest of 5,648 plans among New York employers on file, and the 980th of 11,654 in professional & technical services. In 2024, the employer put in $2.21 for every $1.00 employees contributed themselves; active participation has grown from 217 to 248 since 2022.

Plan summary
Net assets, end of year$160,606,850
Participants with balances302
Active participants248
Employer contributions$8,369,328
Employee contributions$3,793,456
Employer contribution per active participant$33,747
Average account balance$531,811
Benefits paid to participants$19,204,651
Plan auditUnmodified (clean) audit opinion
AuditorANCHIN BLOCK & ANCHIN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$160.6M · 302 accts · $8.4M emplr
2023$140.5M · 302 accts · $88K emplr
2022$61.3M · 260 accts · $78K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,065
Investment management$131,988
Total administrative$146,053
The Pryor Cashman LLP 401(k) match · 2024
Employer contribution per active participant$33,747
Median for plans this size$3,635
2024$33,747 per active participant
2023$378 per active participant
2022$361 per active participant

Pryor Cashman LLP's 2024 employer contribution ran above the $3,635 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 · 20244
EMPOWER LIFE & ANNUITY INSURANCE CO · Loan processing · Recordkeeping$60,950
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$83,185
FGMK FINANCIAL SERVICES, LLC · Contract administrator$10,976
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$100

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$146,053 · 0.10%
2023$65,475 · 0.06%
2022$92,973 · 0.14%
All plans at this employer3
PRYOR CASHMAN LLP PROFIT SHARING PLAN401(k)
PRYOR CASHMAN LLP 401(K) PLAN401(k)
PRYOR CASHMAN LLP 401(K) PLAN B401(k)
Same employer
Similar plansProfessional & Technical Services · New York
Ihi Americas Inc. NY$165.1M · 0.16%
Mazars USA LLP NY$164.4M · 0.06%
Harter Secrest & Emery LLP NY$159.6M · 0.00%
Schulte Roth & Zabel LLP NY$156.5M · 0.01%
Bonadio & Co., LLP NY$150.2M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 131859294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.