Plan Ledger DOL Form 5500 · updated monthly

Sociedad Textil Lonia Corp401(k)

SOCIEDAD TEXTIL LONIA CORP 401 (K) PROFIT SHARING PLAN AND TRUST · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
1.92%

Sociedad Textil Lonia Corp reported $12,911 in plan administrative expenses for 2023: 1.92% of average plan assets, above the peer median. 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 1 year on file its reported administrative ratio rose from 1.67% to 1.92%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (5,400th of 5,648), and 3,127th of 3,341 in other services.

Plan summary
Net assets, end of year$738,397
Participants with balances95
Active participants177
Employer contributions—
Employee contributions$202,831
Employer contribution per active participant—
Average account balance$7,773
Benefits paid to participants$177,471
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$738K · 95 accts
2022$606K · 110 accts · $6K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,911
Total administrative$12,911
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 · 20234
CLIFTON LARSON ALLEN WEALTH ADVISOR · Investment advisory (plan)$4,664
MAP RETIREMENT USA LLC · Contract administrator$2,000
LEAFHOUSE FINANCIAL ADVISORS, LLC$314

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

Administrative cost history2
2023$12,911 · 1.92%
2022$10,791 · 1.67%
Same employer
Similar plansOther Services · New York
Core Services Group, Inc. NY$1.0M · 1.16%
Fr Parallel Sub LLC NY$851K · 1.31%
Allpro Parking, LLC NY$656K · 0.34%
Hello Alfred NY$582K · 0.68%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 300081333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.