Plan Ledger DOL Form 5500 · updated monthly

Staff-Line, Inc. dba Ethan Allen HR Services401(k)

ETHAN ALLEN HR SERVICES RETIREMENT SAVINGS PLAN · POUGHKEEPSIE, NY · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Staff-Line, Inc. dba Ethan Allen HR Services reported $213,401 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $868 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 fell from 0.66% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,391st-largest of 5,648 plans among New York employers on file, and the 2,835th of 11,654 in professional & technical services. In 2024, employees put in $2.62 for every $1.00 the employer contributed; active participation has grown from 792 to 1,234 since 2022.

Plan summary
Net assets, end of year$48,408,953
Participants with balances770
Active participants1,234
Employer contributions$1,071,717
Employee contributions$2,808,999
Employer contribution per active participant$868
Average account balance$62,869
Benefits paid to participants$3,273,719
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.4M · 770 accts · $1.1M emplr
2023$37.1M · 641 accts · $879K emplr
2022$31.5M · 583 accts · $616K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$173,451
Investment management$30,016
Trustee / custodial$9,809
Total administrative$213,401
The Staff-Line, Inc. dba Ethan Allen HR Services 401(k) match · 2024
Employer contribution per active participant$868
Median for plans this size$2,416
2024$868 per active participant
2023$1,054 per active participant
2022$778 per active participant

Staff-Line, Inc. dba Ethan Allen HR Services'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 · 20243
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$173,451
LPL FINANCIAL · Investment advisory (participants) · Investment advisory (plan)$30,016
CHARLES SCHWAB BANK · Custodial (securities) · Trustee (directed)$9,809

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$213,401 · 0.50%
2023$253,939 · 0.74%
2022$214,366 · 0.66%
Same employer
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Guttmacher Institute NY$49.5M · 0.05%
Accordion Partners, LLC NY$48.5M · 0.20%
Klick USA Inc. NY$48.0M · 0.26%
Torys LLP NY$47.9M · 0.09%
Moritt Hock & Hamroff LLP NY$47.7M · 0.33%
Greenhouse Software, Inc. NY$47.5M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141751414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.