Plan Ledger DOL Form 5500 · updated monthly

Slomin's, Inc.401(k)

SLOMIN'S, INC. 401(K) RETIREMENT SAVINGS PLAN · HICKSVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Slomin's, Inc. reported $2,085 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. 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 3 years on file its reported administrative ratio has held roughly steady near 0.010%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,432nd-largest of 5,648 plans among New York employers on file, and the 1,383rd of 5,215 in retail trade. active participation has shrunk from 283 to 150 since 2022.

Plan summary
Net assets, end of year$21,344,004
Participants with balances341
Active participants150
Employer contributions$0
Employee contributions$1,079,851
Employer contribution per active participant$0
Average account balance$62,592
Benefits paid to participants$2,791,257
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.3M · 341 accts
2023$20.1M · 363 accts
2022$16.3M · 356 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,085
Total administrative$2,085
The Slomin's, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Slomin's, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241

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$2,085 · 0.01%
2023$934 · 0.01%
2022$1,899 · 0.01%
Same employer
Similar plansRetail Trade · New York
Steet/Ponte, Inc. NY$21.9M · 0.55%
Christian Louboutin, LLC NY$21.7M · 0.66%
Namdor, Inc. NY$21.6M · 0.07%
Barkbox, Inc. NY$21.1M · 0.81%
The Farmer's Dog, Inc. NY$20.9M · 0.23%
Gagosian Gallery, Inc. NY$20.4M · 0.64%
Orville's Appliance, Inc. NY$20.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111339259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.