Plan Ledger DOL Form 5500 · updated monthly

Simulmedia Inc401(k)

SIMULMEDIA INC 401K · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

Simulmedia Inc reported $4,167 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. 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 0.17% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (3,905th of 5,648), and 1,859th of 3,341 in other services. active participation has shrunk from 132 to 73 since 2022.

Plan summary
Net assets, end of year$8,066,674
Participants with balances106
Active participants73
Employer contributions—
Employee contributions$903,430
Employer contribution per active participant—
Average account balance$76,101
Benefits paid to participants$1,976,974
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 106 accts
2023$7.7M · 112 accts
2022$6.4M · 125 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,625
Investment management$2,492
Total administrative$4,167
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 · 20241
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$1,978

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$4,167 · 0.05%
2023$2,149 · 0.03%
2022$11,295 · 0.17%
Same employer
Similar plansOther Services · New York
Unique People Services NY$8.5M · 0.16%
Methodist Church Home NY$8.5M · 0.17%
Tropic NY$8.2M · 0.13%
National Urban League NY$7.9M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900420593 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.