Plan Ledger DOL Form 5500 · updated monthly

SFR3 Renovation LLC401(k)

SFR3 RENOVATION LLC 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

SFR3 Renovation LLC reported $11,844 in plan administrative expenses for 2023: 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 2 years on file its reported administrative ratio fell from 0.30% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (4,919th of 5,648), and 10,554th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,958,728
Participants with balances484
Active participants249
Employer contributions$0
Employee contributions$1,257,598
Employer contribution per active participant$0
Average account balance$6,113
Benefits paid to participants$983,257
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 210 accts
2023$3.0M · 484 accts
2022$2.2M · 535 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,916
Investment management$1,928
Total administrative$11,844
The SFR3 Renovation LLC 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

SFR3 Renovation LLC's 2023 employer contribution ran below the $1,308 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 · 20231
GUIDELINE, INC. · Plan administrator · Recordkeeping$11,844

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

Recordkeeper by year2
2024Guideline
2023Guideline

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Administrative cost history3
2024$7,724 · 0.28%
2023$11,844 · 0.46%
2022$4,120 · 0.30%
Similar plansProfessional & Technical Services · New York
Knowledge Builders, Inc. NY$3.1M · 0.29%
Mainstreethost NY$2.9M · 0.57%
Adafruit Industries, LLC NY$2.9M · 0.42%
SP0N, Inc. dba Citizen NY$2.8M · 0.66%
Laurelton Group, Inc NY$2.8M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844516489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.