Plan Ledger DOL Form 5500 · updated monthly

Queens Law Associates Not-For-Profit Corporation dba Queens Defenders401(k)

QUEENS LAW ASSOCIATES 401(K) PLAN · FOREST HILLS, NY · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Queens Law Associates Not-For-Profit Corporation dba Queens Defenders reported $48,604 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,415 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 0.23% to 0.25%. 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 2,462nd-largest of 5,648 plans among New York employers on file, and the 5,366th of 11,654 in professional & technical services. In 2024, the employer put in $1.49 for every $1.00 employees contributed themselves; active participation has grown from 174 to 237 since 2022.

Plan summary
Net assets, end of year$21,026,506
Participants with balances392
Active participants237
Employer contributions$1,046,390
Employee contributions$704,085
Employer contribution per active participant$4,415
Average account balance$53,639
Benefits paid to participants$554,414
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 392 accts · $1.0M emplr
2023$17.8M · 298 accts · $923K emplr
2022$15.7M · 287 accts · $871K emplr
Administrative expenses, itemized · 2024
Investment management$48,604
Total administrative$48,604
The Queens Law Associates Not-For-Profit Corporation dba Queens Defenders 401(k) match · 2024
Employer contribution per active participant$4,415
Median for plans this size$2,416
2024$4,415 per active participant
2023$4,214 per active participant
2022$5,004 per active participant

Queens Law Associates Not-For-Profit Corporation dba Queens Defenders'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 · 20242
ALERUS · Recordkeeping · Custodial (securities)$48,604
MONECO ADVISORS · Investment advisory (participants) · Investment advisory (plan)$46,698

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$48,604 · 0.25%
2023$40,375 · 0.24%
2022$38,120 · 0.23%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 270364845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.