Plan Ledger DOL Form 5500 · updated monthly

The Buffalo Club401(k)

THE BUFFALO CLUB DEFERRED SAVINGS PLAN · BUFFALO, NY · plan year 2022

Reported admin expense ratio · 2022
0.79%

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

The Buffalo Club reported $16,680 in plan administrative expenses for 2022: 0.79% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,954 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (5,131st of 5,648), and 2,869th of 3,341 in other services. In 2022, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,979,985
Participants with balances89
Active participants57
Employer contributions$111,361
Employee contributions$194,965
Employer contribution per active participant$1,954
Average account balance$22,247
Benefits paid to participants$193,871
Plan auditUnmodified (clean) audit opinion
AuditorJEFFREY L OFFHAUS CPA LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,460
Investment management$8,220
Total administrative$16,680
The The Buffalo Club 401(k) match · 2022
Employer contribution per active participant$1,954
Median for plans this size$1,114

The Buffalo Club's 2022 employer contribution ran above the $1,114 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$16,680 · 0.79%
Similar plansOther Services · New York
Calzedonia USA, Inc. NY$2.1M · 3.49%
Yeshivat Darche Eres Inc NY$2.1M · 0.56%
Kith Retail LLC NY$2.0M · 1.20%
Hope House, Inc. NY$1.9M · 0.81%
Bates Troy, Inc. NY$1.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160365760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.