Plan Ledger DOL Form 5500 · updated monthly

Schonfeld Strategic Advisors LLC401(k)

SCHONFELD 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Schonfeld Strategic Advisors LLC reported $77,409 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $8,110 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 0.27% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 897th-largest of 5,648 plans among New York employers on file, and the 1,111th of 4,798 in finance & insurance. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$87,231,972
Participants with balances752
Active participants507
Employer contributions$4,111,999
Employee contributions$9,641,340
Employer contribution per active participant$8,110
Average account balance$116,000
Benefits paid to participants$14,519,967
Plan auditUnmodified (clean) audit opinion
AuditorSMOLIN LUPIN & CO. LLC
Plan history3
Yearassets · accounts · employer contribution
2024$87.2M · 752 accts · $4.1M emplr
2023$71.1M · 759 accts · $4.8M emplr
2022$47.9M · 678 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,756
Investment management$48,108
Total administrative$77,409
The Schonfeld Strategic Advisors LLC 401(k) match · 2024
Employer contribution per active participant$8,110
Median for plans this size$3,635
2024$8,110 per active participant
2023$9,361 per active participant
2022$6,145 per active participant

Schonfeld Strategic Advisors LLC's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CETERA INVESTMENT ADVISORS LLC · Investment advisory (plan)$31,345
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,029
CETERA ADVISOR NETWORKS LLC · Investment advisory (plan)$15,285

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$77,409 · 0.10%
2023$120,549 · 0.20%
2022$127,545 · 0.27%
Same employer
Similar plansFinance & Insurance · New York
Board of Trustees of Marble NY$87.9M · 0.32%
Equiniti Trust Company NY$85.5M · 0.01%
American Securities LLC NY$83.8M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 475082310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.