Plan Ledger DOL Form 5500 · updated monthly

Royce & Associates Gp, LLC401(k)

ROYCE & ASSOCIATES GP, LLC 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Royce & Associates Gp, LLC reported $3,074 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,548 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 0.002% to 0.003%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other finance & insurance employers. By assets it is the 667th-largest of 5,648 plans among New York employers on file, and the 847th of 4,798 in finance & insurance. In 2023, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$123,708,712
Participants with balances133
Active participants96
Employer contributions$1,012,642
Employee contributions$1,822,705
Employer contribution per active participant$10,548
Average account balance$930,141
Benefits paid to participants$2,952,707
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$109.2M · 132 accts · $992K emplr
2023$123.7M · 133 accts · $1.0M emplr
2022$107.4M · 133 accts · $777K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$225
Investment management$2,849
Total administrative$3,074
The Royce & Associates Gp, LLC 401(k) match · 2023
Employer contribution per active participant$10,548
Median for plans this size$3,659
2024$10,663 per active participant
2023$10,548 per active participant
2022$7,931 per active participant

Royce & Associates Gp, LLC's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
CHARLES SCHWAB & CO., INC. · Securities brokerage$142

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$3,699 · 0.00%
2023$3,074 · 0.00%
2022$2,892 · 0.00%
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Source: U.S. Department of Labor, Form 5500 series, EIN 364833044 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.