Plan Ledger DOL Form 5500 · updated monthly

Teacher Synergy LLC401(k)

TEACHER SYNERGY LLC 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

Teacher Synergy LLC reported $11,355 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,191 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New York (3,223rd of 5,648), and 1,328th of 2,199 in information & media. In 2022, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,839,867
Participants with balances378
Active participants231
Employer contributions$1,199,068
Employee contributions$2,826,456
Employer contribution per active participant$5,191
Average account balance$33,968
Benefits paid to participants$968,401
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH + BROWN, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $618K emplr
2022$12.8M · 378 accts · $1.2M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,355
Total administrative$11,355
The Teacher Synergy LLC 401(k) match · 2022
Employer contribution per active participant$5,191
Median for plans this size$2,266

Teacher Synergy LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$11,355 · 0.09%
Same employer
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Wellcom Group, Inc. NY$14.0M · 0.00%
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Deutsche Telekom, Inc. NY$13.8M · 0.01%
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Bertelsmann Inc. NY$12.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465443580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.