Plan Ledger DOL Form 5500 · updated monthly

Psl Group America401(k)

PSL GROUP AMERICA 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Psl Group America reported $74,849 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,730 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 0.18% to 0.19%. 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 the 1,509th-largest of 5,648 plans among New York employers on file, and the 3,078th of 11,654 in professional & technical services. In 2024, employees put in $3.05 for every $1.00 the employer contributed; active participation has shrunk from 351 to 304 since 2022.

Plan summary
Net assets, end of year$43,626,401
Participants with balances377
Active participants304
Employer contributions$1,134,025
Employee contributions$3,454,936
Employer contribution per active participant$3,730
Average account balance$115,720
Benefits paid to participants$3,215,075
Plan auditUnmodified (clean) audit opinion
AuditorBORISBENIC AND ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$43.6M · 377 accts · $1.1M emplr
2023$35.9M · 361 accts
2022$28.8M · 369 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,741
Investment management$71,108
Total administrative$74,849
The Psl Group America 401(k) match · 2024
Employer contribution per active participant$3,730
Median for plans this size$2,416

Psl Group America's 2024 employer contribution ran above 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 · 20243
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$71,107
ADP, INC. · Loan processing · Recordkeeping$3,741
ADP BROKER-DEALER · Other servicesindirect comp

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, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$74,849 · 0.19%
2023$58,381 · 0.18%
2022$55,761 · 0.18%
Same employer
Similar plansProfessional & Technical Services · New York
M/E Engineering, P.C. NY$44.5M · 0.22%
Hedgeserv Corporation NY$44.1M · 0.05%
Kaufman Dolowich,Llp NY$44.1M · 0.22%
Intersection Parent, Inc. NY$43.6M · 0.36%
Genesis Corp. NY$43.3M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522124029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.