Plan Ledger DOL Form 5500 · updated monthly

Sterling Mets, L.P.401(k)

NEW YORK METS EMPLOYEE SAVINGS PLAN · FLUSHING, NY · plan year 2022

Reported admin expense ratio · 2022
0.25%

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

Sterling Mets, L.P. reported $128,161 in plan administrative expenses for 2022: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,640 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,407th-largest of 5,648 plans among New York employers on file, and the 217th of 1,311 in arts, entertainment & recreation. In 2022, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,808,600
Participants with balances715
Active participants544
Employer contributions$2,524,334
Employee contributions$4,162,647
Employer contribution per active participant$4,640
Average account balance$66,865
Benefits paid to participants$4,266,783
Plan auditUnmodified (clean) audit opinion
The Sterling Mets, L.P. 401(k) match · 2022
Employer contribution per active participant$4,640
Median for plans this size$3,449

Sterling Mets, L.P.'s 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$128,161 · 0.25%
Similar plansArts, Entertainment & Recreation · New York
New York City Ballet, Inc NY$73.9M · 0.37%
Qb Jv Holdings, LLC NY$73.7M · 0.11%
The Corning Museum of Glass NY$39.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112834957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.