Plan Ledger DOL Form 5500 · updated monthly

Savin Engineers, P.C.401(k)

SAVIN ENGINEERS PC PROFIT SHARING PLAN · PLEASANTVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Savin Engineers, P.C. reported $18,150 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,335 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 fell from 0.08% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,046th-largest of 5,648 plans among New York employers on file, and the 4,375th of 11,654 in professional & technical services. In 2024, employees put in $5.56 for every $1.00 the employer contributed; active participation has shrunk from 112 to 84 since 2022.

Plan summary
Net assets, end of year$28,110,082
Participants with balances121
Active participants84
Employer contributions$196,143
Employee contributions$1,091,487
Employer contribution per active participant$2,335
Average account balance$232,315
Benefits paid to participants$2,304,516
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.1M · 121 accts · $196K emplr
2023$25.7M · 127 accts · $184K emplr
2022$22.9M · 138 accts · $202K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,900
Audit (IQPA)$10,200
Total administrative$18,150
The Savin Engineers, P.C. 401(k) match · 2024
Employer contribution per active participant$2,335
Median for plans this size$2,416
2024$2,335 per active participant
2023$2,094 per active participant
2022$1,806 per active participant

Savin Engineers, P.C.'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 · 20242
CARON AND BLETZER$10,200
NATIONAL PENSION CONSULTANTS LLC · Other services$6,050

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$18,150 · 0.07%
2023$17,645 · 0.07%
2022$19,470 · 0.08%
Same employer
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Bousquet Holstein PLLC NY$28.4M · 0.05%
Chdi Management, Inc. NY$28.3M · 0.41%
Lightspeed Pos USA Inc. NY$28.3M · 0.52%
Pentagram Design, Inc. NY$28.0M · 0.34%
K2 Intelligence, LLC NY$27.9M · 0.27%
Oml Inc. NY$27.3M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061241917 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.