Plan Ledger DOL Form 5500 · updated monthly

Robert E. Derecktor, Inc.401(k)

DERECKTOR SHIPYARDS RETIREMENT PLAN · MAMARONECK, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Robert E. Derecktor, Inc. reported $16,257 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,550 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 0.15% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,984th of 5,648), and 9,859th of 13,661 in manufacturing. In 2024, employees put in $3.25 for every $1.00 the employer contributed; active participation has grown from 100 to 129 since 2022.

Plan summary
Net assets, end of year$7,594,799
Participants with balances161
Active participants129
Employer contributions$199,922
Employee contributions$650,179
Employer contribution per active participant$1,550
Average account balance$47,173
Benefits paid to participants$483,926
Plan auditUnmodified (clean) audit opinion
AuditorBREGMAN & COMPANY P.C
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 161 accts · $200K emplr
2023$6.4M · 137 accts · $161K emplr
2022$5.5M · 130 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,257
Total administrative$16,257
The Robert E. Derecktor, Inc. 401(k) match · 2024
Employer contribution per active participant$1,550
Median for plans this size$1,313
2024$1,550 per active participant
2023$1,463 per active participant
2022$1,261 per active participant

Robert E. Derecktor, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$16,255

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$16,257 · 0.23%
2023$15,903 · 0.27%
2022$9,202 · 0.15%
Similar plansManufacturing · New York
Zenger Group, Inc NY$7.7M · 0.51%
Gourmet Boutique, LLC NY$7.7M · 0.98%
Monofrax LLC NY$7.5M · 0.46%
George Industries, LLC NY$7.5M · 0.25%
Icc Industries Inc. NY$7.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131704149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.