Plan Ledger DOL Form 5500 · updated monthly

Related Partners, Inc.401(k)

RELATED PARTNERS, INC. RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Related Partners, Inc. reported $178,470 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $1,202 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 0.06% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 262nd-largest of 5,648 plans among New York employers on file, and the 29th of 2,096 in real estate & leasing. In 2024, employees put in $5.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$407,169,645
Participants with balances5,880
Active participants4,288
Employer contributions$5,155,495
Employee contributions$29,907,306
Employer contribution per active participant$1,202
Average account balance$69,247
Benefits paid to participants$30,931,715
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$407.2M · 5,880 accts · $5.2M emplr
2023$349.4M · 5,888 accts · $5.0M emplr
2022$280.7M · 6,064 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$145,720
Audit (IQPA)$29,000
Total administrative$178,470
The Related Partners, Inc. 401(k) match · 2024
Employer contribution per active participant$1,202
Median for plans this size$4,294
2024$1,202 per active participant
2023$1,179 per active participant
2022$1,085 per active participant

Related Partners, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$145,720
CBIZ CPAS P.C. · Accounting / audit$29,000

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history3
2024$178,470 · 0.05%
2023$183,376 · 0.06%
2022$177,897 · 0.06%
Same employer
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Empire Southwest LLC AZ$487.3M · 0.10%
Encore Group (USA), LLC IL$453.2M · 0.19%
Airbus Americas, Inc. VA$443.5M · 0.04%
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Source: U.S. Department of Labor, Form 5500 series, EIN 133680053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.