Plan Ledger DOL Form 5500 · updated monthly

Roberts Gordon LLC401(k)

SPECIFIED AIR SOLUTIONS, LLC PROFIT SHARING PLAN · BUFFALO, NY · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Roberts Gordon LLC reported $50,401 in plan administrative expenses for 2023: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,015 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 1 year on file its reported administrative ratio fell from 0.48% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,822nd-largest of 5,648 plans among New York employers on file, and the 6,723rd of 13,661 in manufacturing. In 2023, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 300 to 495 since 2022.

Plan summary
Net assets, end of year$16,299,871
Participants with balances274
Active participants495
Employer contributions$502,379
Employee contributions$1,060,735
Employer contribution per active participant$1,015
Average account balance$59,489
Benefits paid to participants$2,827,161
Plan auditUnmodified (clean) audit opinion
AuditorHANCOCK ASKEW, & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $593K emplr
2023$16.3M · 274 accts · $502K emplr
2022$15.1M · 295 accts · $531K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,748
Investment management$20,947
Total administrative$50,401
The Roberts Gordon LLC 401(k) match · 2023
Employer contribution per active participant$1,015
Median for plans this size$2,440
2023$1,015 per active participant
2022$1,769 per active participant

Roberts Gordon LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK · Recordkeeping · Investment management$22,189
HIGHMARK WEALTH MANAGEMENT, LLC · Investment advisory (participants)$16,288

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024Not separately reported
2023$50,401 · 0.32%
2022$78,670 · 0.48%
Similar plansManufacturing · New York
Roland Foods, LLC NY$16.8M · 0.63%
Adaptec Solutions, LLC NY$16.7M · 0.15%
Hammer Packaging Corp. NY$16.5M · 0.07%
Comfort Window Co., Inc. NY$16.4M · 0.41%
Vaso Corporation NY$16.2M · 0.05%
US Salt, LLC NY$16.2M · 0.59%
Epic Pharma LLC Union NY$16.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161561076 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.