Plan Ledger DOL Form 5500 · updated monthly

Talentful401(k)

TALENTFUL 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Talentful reported $4,911 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,167 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 0.12% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (4,812th of 5,648), and 1,691st of 2,534 in administrative & support services. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has shrunk from 139 to 81 since 2022.

Plan summary
Net assets, end of year$3,352,090
Participants with balances129
Active participants81
Employer contributions$256,488
Employee contributions$428,339
Employer contribution per active participant$3,167
Average account balance$25,985
Benefits paid to participants$541,330
Plan auditUnmodified (clean) audit opinion
AuditorFRANK RIMERMAN
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 129 accts · $256K emplr
2023$2.7M · 113 accts · $338K emplr
2022$2.0M · 199 accts · $514K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,588
Investment management$2,323
Total administrative$4,911
The Talentful 401(k) match · 2024
Employer contribution per active participant$3,167
Median for plans this size$1,313
2024$3,167 per active participant
2023$6,762 per active participant
2022$3,700 per active participant

Talentful's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.

Administrative cost history3
2024$4,911 · 0.16%
2023$3,551 · 0.15%
2022$1,766 · 0.12%
Similar plansAdministrative & Support Services · New York
Fortus Group, Inc. NY$4.1M · 0.83%
Special Programs, Inc. NY$3.8M · 0.33%
The Northstar Snf NY$3.6M · 1.10%
Templafy, LLC NY$3.5M · 0.15%
Rehab Resources, PC NY$3.4M · 0.35%
Datrose, Inc. NY$3.3M · 0.29%
Brosnan Risk Consultants NY$3.3M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842738046 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.