Plan Ledger DOL Form 5500 · updated monthly

Seaport Global Holdings, LLC401(k)

SEAPORT GLOBAL HOLDINGS, LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Seaport Global Holdings, LLC reported $104,044 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.53% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,557th-largest of 5,648 plans among New York employers on file, and the 1,909th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$41,592,831
Participants with balances238
Active participants236
Employer contributions$0
Employee contributions$3,099,985
Employer contribution per active participant$0
Average account balance$174,760
Benefits paid to participants$2,331,112
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.6M · 238 accts
2023$34.2M · 231 accts
2022$27.3M · 225 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,454
Investment management$72,590
Total administrative$104,044
The Seaport Global Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Seaport Global Holdings, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK · Recordkeeping · Investment management$31,475
MERRILL LYNCH · Investment advisory (participants)$72,569

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$104,044 · 0.27%
2023$82,348 · 0.27%
2022$152,607 · 0.53%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 464157685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.