Plan Ledger DOL Form 5500 · updated monthly

Showpay LLC401(k)

SHOWPAY LLC RETIREMENT PLAN · NEW WINDSOR, NY · plan year 2022

Reported admin expense ratio · 2022
0.62%

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

Showpay LLC reported $2,266 in plan administrative expenses for 2022: 0.62% of average plan assets, below the peer median. Employer contributions averaged $5 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (5,458th of 5,648), and 2,036th of 2,096 in real estate & leasing. In 2022, employees put in $31.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$480,102
Participants with balances78
Active participants1,845
Employer contributions$9,171
Employee contributions$285,205
Employer contribution per active participant$5
Average account balance$6,155
Benefits paid to participants$3,411
Plan auditUnmodified (clean) audit opinion
The Showpay LLC 401(k) match · 2022
Employer contribution per active participant$5
Median for plans this size$331

Showpay LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,266 · 0.62%
Similar plansReal Estate & Leasing · New York
Clipper Realty, LP NY$846K · 0.62%
Filling the Gap, Inc. NY$537K · 1.65%
1199 Housing Corp NY$427K · 4.02%
Mhf Mgmt 2 LLC NY$139K · 0.60%
Noho Services, Inc. NY$1 · 23.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860884815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.