Plan Ledger DOL Form 5500 · updated monthly

Pwp Employer LP401(k)

PWP 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Pwp Employer LP reported $115,695 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $6,192 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 3 years on file its reported administrative ratio fell from 0.19% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 535th-largest of 5,648 plans among New York employers on file, and the 664th of 4,798 in finance & insurance. In 2024, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$171,820,082
Participants with balances1,133
Active participants494
Employer contributions$3,058,672
Employee contributions$9,563,546
Employer contribution per active participant$6,192
Average account balance$151,651
Benefits paid to participants$16,373,586
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$171.8M · 1,133 accts · $3.1M emplr
2023$151.0M · 1,066 accts · $4.1M emplr
2022$121.6M · 1,021 accts · $3.6M emplr
2021$147.0M · 956 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,247
Investment management$64,448
Total administrative$115,695
The Pwp Employer LP 401(k) match · 2024
Employer contribution per active participant$6,192
Median for plans this size$3,635
2024$6,192 per active participant
2023$7,638 per active participant
2022$7,043 per active participant
2021$7,301 per active participant

Pwp Employer LP's 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$51,247
LEAFHOUSE FINANCIAL ADVISOR LLC · Investment advisory (plan)$40,448
SEQUOIA FINANCIAL ADVISORS LLC · Investment advisory (plan)$24,000

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

Administrative cost history4
2024$115,695 · 0.07%
2023$234,777 · 0.17%
2022$247,598 · 0.18%
2021$256,987 · 0.19%
Same employer
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Board of Trustees Local 805 NY$179.2M · 0.78%
Apple Bank for Savings NY$171.0M · 0.14%
Bank of China NY$169.7M
Privilege Underwriters, Inc. NY$169.2M · 0.14%
Tower Research Capital, LLC NY$167.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813881290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.