Plan Ledger DOL Form 5500 · updated monthly

Sevenson Environmental Services, Inc.401(k)

SEVENSON ENVIRONMENTAL SERVICES, INC. 401(K) PROFIT SHARING PLAN · NIAGARA FALLS, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Sevenson Environmental Services, Inc. reported $129,131 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $10,483 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 rose from 0.06% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 683rd-largest of 5,648 plans among New York employers on file, and the 144th of 2,534 in administrative & support services. In 2024, the employer put in $1.57 for every $1.00 employees contributed themselves; active participation has grown from 393 to 480 since 2022.

Plan summary
Net assets, end of year$121,207,854
Participants with balances388
Active participants480
Employer contributions$5,032,061
Employee contributions$3,214,578
Employer contribution per active participant$10,483
Average account balance$312,391
Benefits paid to participants$6,478,623
Plan auditUnmodified (clean) audit opinion
AuditorTHE ZLC GROUP, CPA'S, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$121.2M · 388 accts · $5.0M emplr
2023$104.8M · 374 accts · $5.0M emplr
2022$88.5M · 349 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,781
Audit (IQPA)$17,350
Total administrative$129,131
The Sevenson Environmental Services, Inc. 401(k) match · 2024
Employer contribution per active participant$10,483
Median for plans this size$3,635
2024$10,483 per active participant
2023$10,405 per active participant
2022$6,458 per active participant

Sevenson Environmental Services, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$111,781
THE ZLC GROUP · Accounting / audit$17,350
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$129,131 · 0.11%
2023$85,453 · 0.09%
2022$57,308 · 0.06%
All plans at this employer2
SEVENSON ENVIRONMENTAL SERVICES, INC. PENSION PLANMoney purchase plan
SEVENSON ENVIRONMENTAL SERVICES, INC. 401(K) PROFIT SHARING PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 160997941 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.