Plan Ledger DOL Form 5500 · updated monthly

Symphony Talent, LLC401(k)

SYMPHONY TALENT 401(K) SAVINGS RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Symphony Talent, LLC reported $77,012 in plan administrative expenses for 2024: 0.55% of average plan assets, higher 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 0.551%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New York (3,068th of 5,648), and 1,265th of 2,199 in information & media. active participation has shrunk from 180 to 124 since 2022.

Plan summary
Net assets, end of year$14,110,419
Participants with balances243
Active participants124
Employer contributions$0
Employee contributions$1,188,081
Employer contribution per active participant$0
Average account balance$58,068
Benefits paid to participants$3,100,200
Plan auditUnmodified (clean) audit opinion
AuditorGEORGE FOLLINI JR., CPA
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 243 accts
2023$13.8M · 250 accts · $962 emplr
2022$12.3M · 265 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,012
Investment management$30,000
Total administrative$77,012
The Symphony Talent, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Symphony Talent, LLC'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$47,012
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$30,000

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$77,012 · 0.55%
2023$71,422 · 0.55%
2022$75,293 · 0.55%
Same employer
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Manifest LLC NY$14.1M · 0.25%
Wellcom Group, Inc. NY$14.0M · 0.00%
Bombora, Inc. NY$13.9M · 0.01%
Deutsche Telekom, Inc. NY$13.8M · 0.01%
A24 Services LLC NY$12.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260214960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.