Plan Ledger DOL Form 5500 · updated monthly

Si Engineering P.C.401(k)

SI ENGINEERING, P.C. 401(K) AND PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Si Engineering P.C. reported $49,106 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $5,160 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 0.04% to 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,850th of 5,648), and 8,517th of 11,654 in professional & technical services. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 97 to 122 since 2022.

Plan summary
Net assets, end of year$8,457,989
Participants with balances136
Active participants122
Employer contributions$629,465
Employee contributions$942,495
Employer contribution per active participant$5,160
Average account balance$62,191
Benefits paid to participants$428,511
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 136 accts · $629K emplr
2023$6.1M · 128 accts · $826K emplr
2022$4.0M · 110 accts · $396K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,106
Total administrative$49,106
The Si Engineering P.C. 401(k) match · 2024
Employer contribution per active participant$5,160
Median for plans this size$1,313
2024$5,160 per active participant
2023$7,442 per active participant
2022$4,080 per active participant

Si Engineering P.C.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$49,106 · 0.67%
2023$2,854 · 0.06%
2022$1,420 · 0.04%
Similar plansProfessional & Technical Services · New York
Efficio LLC NY$8.5M · 0.65%
Ntopology, Inc. NY$8.5M · 0.11%
Revolut Technologies Inc NY$8.5M · 0.05%
Spotnana Technology, Inc. NY$8.4M · 0.21%
Rbt Cpas, LLP NY$8.4M · 0.81%
Trialspark, Inc. NY$8.4M · 0.07%
Big Architecture D.P.C. NY$8.4M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 432028286 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.