Plan Ledger DOL Form 5500 · updated monthly

Sotheby's Inc.401(k)

SOTHEBY'S, INC. RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Sotheby's Inc. reported $190,421 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $3,694 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 0.07% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 394th-largest of 5,648 plans among New York employers on file, and the 667th of 11,654 in professional & technical services. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$248,501,741
Participants with balances1,665
Active participants814
Employer contributions$3,007,257
Employee contributions$6,425,380
Employer contribution per active participant$3,694
Average account balance$149,250
Benefits paid to participants$20,424,126
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$248.5M · 1,665 accts · $3.0M emplr
2023$227.2M · 1,591 accts · $3.2M emplr
2022$201.8M · 1,550 accts · $2.8M emplr
The Sotheby's Inc. 401(k) match · 2024
Employer contribution per active participant$3,694
Median for plans this size$3,635
2024$3,694 per active participant
2023$3,864 per active participant
2022$3,518 per active participant

Sotheby's Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$94,915
VANGUARD ADVISERS INC. · Investment advisory (participants)$71,801

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$190,421 · 0.08%
2023$178,409 · 0.08%
2022$157,416 · 0.07%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 382478406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.