Plan Ledger DOL Form 5500 · updated monthly

Schulte Roth & Zabel LLP401(k)

SCHULTE ROTH & ZABEL LLP SAVINGS PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Schulte Roth & Zabel LLP reported $10,754 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,323 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 0.00% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 576th-largest of 5,648 plans among New York employers on file, and the 1,004th of 11,654 in professional & technical services. In 2023, the employer put in $1.33 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$156,485,911
Participants with balances344
Active participants271
Employer contributions$3,068,435
Employee contributions$2,301,187
Employer contribution per active participant$11,323
Average account balance$454,901
Benefits paid to participants$9,263,989
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$156.5M · 344 accts · $3.1M emplr
2022$136.3M · 325 accts · $2.6M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,754
Total administrative$10,754
The Schulte Roth & Zabel LLP 401(k) match · 2023
Employer contribution per active participant$11,323
Median for plans this size$3,659
2023$11,323 per active participant
2022$10,610 per active participant

Schulte Roth & Zabel LLP'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 · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Custodial (securities)$10,454
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)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
2023$10,754 · 0.01%
2022$40 · 0.00%
All plans at this employer3
SCHULTE ROTH & ZABEL LLP SAVINGS PLAN401(k)
SCHULTE ROTH & ZABEL LLP ASSOCIATES SAVINGS PLAN401(k)
SCHULTE ROTH & ZABEL LLP THRIFT PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · New York
Pryor Cashman LLP NY$160.6M · 0.10%
Harter Secrest & Emery LLP NY$159.6M · 0.00%
Bonadio & Co., LLP NY$150.2M · 0.12%
Labella Associates, D.P.C. NY$150.0M · 0.11%
Davis+Gilbert LLP NY$149.2M · 0.15%
Sh Group, Inc. NY$140.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132633996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.