Plan Ledger DOL Form 5500 · updated monthly

Talkiatry Management Services401(k)

TALKIATRY MANAGEMENT SERVICES 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Talkiatry Management Services reported $50,582 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,983 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 0.08% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,823rd-largest of 5,648 plans among New York employers on file, and the 420th of 2,534 in administrative & support services. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 711 to 784 since 2022.

Plan summary
Net assets, end of year$33,585,713
Participants with balances702
Active participants784
Employer contributions$3,122,896
Employee contributions$7,545,633
Employer contribution per active participant$3,983
Average account balance$47,843
Benefits paid to participants$2,074,192
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.6M · 702 accts · $3.1M emplr
2023$19.5M · 558 accts · $2.7M emplr
2022$6.8M · 491 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,825
Investment management$37,757
Total administrative$50,582
The Talkiatry Management Services 401(k) match · 2024
Employer contribution per active participant$3,983
Median for plans this size$2,416
2024$3,983 per active participant
2023$4,290 per active participant
2022$1,498 per active participant

Talkiatry Management Services's 2024 employer contribution ran above the $2,416 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
CARY ST PARTNERS INVESTMENT ADVISOR · Recordkeeping · Trustee$37,757
ADP, INC. · Loan processing · Recordkeeping$12,824

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

Recordkeeper by year2
2024ADP, CARY ST PARTNERS INVESTMENT ADVISOR
2023ADP, CARY ST PARTNERS INVESTMENT ADVISOR

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Administrative cost history3
2024$50,582 · 0.19%
2023$28,275 · 0.22%
2022$5,315 · 0.08%
Same employer
Similar plansAdministrative & Support Services · New York
Cpacom Inc NY$31.5M · 0.01%
Emplova, LLC NY$29.5M · 0.40%
Opal Fuels LLC NY$29.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843129198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.