Plan Ledger DOL Form 5500 · updated monthly

Rockrose Development, LLC401(k)

ROCKROSE DEVELOPMENT LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Rockrose Development, LLC reported $41,137 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $3,216 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 rose from 0.05% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,214th-largest of 5,648 plans among New York employers on file, and the 546th of 2,096 in real estate & leasing. In 2024, employees put in $3.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,542,961
Participants with balances133
Active participants108
Employer contributions$347,335
Employee contributions$1,052,923
Employer contribution per active participant$3,216
Average account balance$184,534
Benefits paid to participants$2,199,177
Plan auditUnmodified (clean) audit opinion
AuditorNAWROCKI SMITH
Plan history2
Yearassets · accounts · employer contribution
2024$24.5M · 133 accts · $347K emplr
2023$22.2M · 140 accts · $312K emplr
The Rockrose Development, LLC 401(k) match · 2024
Employer contribution per active participant$3,216
Median for plans this size$2,416
2024$3,216 per active participant
2023$4,270 per active participant

Rockrose Development, LLC's 2024 employer contribution ran above the $2,416 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 · 20245
JOSEPH L. CALANDRA, CPA, PC$14,500
NAWROCKI SMITH LLP$14,500
WAGNER PENSION SERVICES, LLC$6,750
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (plan)indirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$41,137 · 0.18%
2023$9,317 · 0.05%
Similar plansReal Estate & Leasing · New York
Broadwall Management Corp. NY$28.1M · 0.22%
Phipps Houses NY$27.1M · 0.32%
Conifer Realty LLC NY$24.6M · 0.62%
View the Space, Inc. NY$24.5M · 0.05%
Skyworks, LLC NY$23.7M · 0.13%
Westminster Management, LLC NY$23.5M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383982874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.