Plan Ledger DOL Form 5500 · updated monthly

Scott-Macon, LTD.401(k)

SCOTT-MACON, LTD. 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.39%

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

Scott-Macon, LTD. reported $80,530 in plan administrative expenses for 2023: 0.39% of average plan assets, above the peer median. Employer contributions averaged $106 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 0.44% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,384th-largest of 5,648 plans among New York employers on file, and the 5,211th of 11,654 in professional & technical services. In 2023, employees put in $48.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,954,764
Participants with balances174
Active participants152
Employer contributions$16,109
Employee contributions$787,314
Employer contribution per active participant$106
Average account balance$126,177
Benefits paid to participants$285,966
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 158 accts · $42K emplr
2023$22.0M · 174 accts · $16K emplr
2022$18.9M · 172 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$80,530
Total administrative$80,530
The Scott-Macon, LTD. 401(k) match · 2023
Employer contribution per active participant$106
Median for plans this size$2,440
2024$304 per active participant
2023$106 per active participant

Scott-Macon, LTD.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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
JOHN HANCOCK · Recordkeeping · Investment management$5,208
KESTRA INVESTMENT SERVICES, LLC · Investment advisory (participants) · Investment advisory (plan)$6,096

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$80,794 · 0.40%
2023$80,530 · 0.39%
2022$93,250 · 0.44%
Same employer
Similar plansProfessional & Technical Services · New York
4U Services, Inc. NY$22.0M · 0.46%
Coughlin & Gerhart, L.L.P. NY$21.8M · 0.01%
The Cementworks, LLC NY$21.7M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132778949 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.