Plan Ledger DOL Form 5500 · updated monthly

Selendy Gay PLLC401(k)

SELENDY & GAY 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Selendy Gay PLLC reported $43,644 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $12,767 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 0.162%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,929th-largest of 5,648 plans among New York employers on file, and the 4,104th of 11,654 in professional & technical services. In 2024, employees put in $1.20 for every $1.00 the employer contributed; active participation has shrunk from 211 to 178 since 2022.

Plan summary
Net assets, end of year$30,633,809
Participants with balances265
Active participants178
Employer contributions$2,272,596
Employee contributions$2,725,067
Employer contribution per active participant$12,767
Average account balance$115,599
Benefits paid to participants$2,010,851
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.6M · 265 accts · $2.3M emplr
2023$23.3M · 276 accts · $2.0M emplr
2022$16.1M · 218 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,644
Total administrative$43,644
The Selendy Gay PLLC 401(k) match · 2024
Employer contribution per active participant$12,767
Median for plans this size$2,416
2024$12,767 per active participant
2023$9,025 per active participant
2022$7,003 per active participant

Selendy Gay PLLC's 2024 employer contribution ran above the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$43,643
MORNINGSTAR INVESTMENT MANAGEMENT L · 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 history3
2024$43,644 · 0.16%
2023$33,935 · 0.17%
2022$26,494 · 0.16%
Same employer
Similar plansProfessional & Technical Services · New York
Monday.com Inc. NY$31.1M · 0.36%
Personal Computers, Inc. NY$31.0M · 0.36%
Mediamath, Inc. NY$30.8M · 0.02%
Ts Imagine, Inc. NY$30.5M · 0.09%
D'Arcangelo & Co., LLP NY$30.4M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824157422 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.