Plan Ledger DOL Form 5500 · updated monthly

SeedcoProfit-sharing plan

SEEDCO RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Seedco reported $15,345 in plan administrative expenses for 2024: 0.46% 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 3 years on file its reported administrative ratio has held roughly steady near 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,802nd of 5,648), and 8,956th of 11,911 in health care & social assistance. active participation has grown from 90 to 103 since 2022.

Plan summary
Net assets, end of year$3,417,235
Participants with balances119
Active participants103
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$28,716
Benefits paid to participants$330,106
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 119 accts
2023$3.3M · $74K emplr
2022$2.9M · 134 accts · $31K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,345
Total administrative$15,345
Employer contributions to the Seedco plan · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Seedco's 2024 employer contribution ran below the $1,313 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
USI SECURITIES INCindirect comp

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$15,345 · 0.46%
2023$14,090 · 0.45%
2022$15,422 · 0.48%
All plans at this employer2
SEEDCO RETIREMENT PLANProfit-sharing plan
SEEDCO 403(B) PLAN403(b)
Similar plansHealth Care & Social Assistance · New York
Gotham Per Diem, Inc. NY$3.5M · 1.36%
Uconnectcare NY$3.4M · 0.75%
Another Step, Inc. NY$3.4M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132875743 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.