Plan Ledger DOL Form 5500 · updated monthly

Samson Management401(k)

SAMSON MANAGEMENT 401(K) SAVINGS PLAN · FOREST HILLS, NY · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Samson Management reported $45,389 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,340 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 0.01% to 0.22%. 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 2,423rd-largest of 5,648 plans among New York employers on file, and the 627th of 2,096 in real estate & leasing. In 2024, employees put in $6.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,446,626
Participants with balances106
Active participants79
Employer contributions$105,898
Employee contributions$677,504
Employer contribution per active participant$1,340
Average account balance$202,327
Benefits paid to participants$1,343,570
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.4M · 106 accts · $106K emplr
2023$19.7M · 106 accts · $100K emplr
2022$18.4M · 102 accts · $99K emplr
Administrative expenses, itemized · 2024
Investment management$45,389
Total administrative$45,389
The Samson Management 401(k) match · 2024
Employer contribution per active participant$1,340
Median for plans this size$2,416
2024$1,340 per active participant
2023$1,165 per active participant
2022$1,217 per active participant

Samson Management's 2024 employer contribution ran below 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 · 20243
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$37,601
TRIAD INSURANCE AGENCY INCindirect comp

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$45,389 · 0.22%
2023$2,480 · 0.01%
2022$1,351 · 0.01%
Similar plansReal Estate & Leasing · New York
Solidifi U.S. Inc. NY$22.5M · 0.53%
Dreamscape Companies LLC NY$22.4M · 0.20%
Gfp Real Estate LLC NY$21.4M · 0.38%
Kraus Holdings, Inc NY$21.2M · 0.01%
Milford Consultants LTD. NY$20.8M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113192031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.