Plan Ledger DOL Form 5500 · updated monthly

The Legal Aid Bureau of Buffalo, Inc.401(k)

LEGAL AID BUREAU OF BUFFALO, INC. RETIREMENT PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

The Legal Aid Bureau of Buffalo, Inc. reported $25,438 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $5,552 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 0.184%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (2,946th of 5,648), and 6,529th of 11,654 in professional & technical services. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has grown from 125 to 155 since 2022.

Plan summary
Net assets, end of year$15,209,580
Participants with balances190
Active participants155
Employer contributions$860,548
Employee contributions$978,353
Employer contribution per active participant$5,552
Average account balance$80,050
Benefits paid to participants$1,124,595
Plan auditUnmodified (clean) audit opinion
AuditorEFPR GROUP CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 190 accts · $861K emplr
2023$12.5M · 169 accts · $492K emplr
2022$10.5M · 144 accts · $468K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,198
Investment management$8,240
Total administrative$25,438
The The Legal Aid Bureau of Buffalo, Inc. 401(k) match · 2024
Employer contribution per active participant$5,552
Median for plans this size$2,416
2024$5,552 per active participant
2023$3,439 per active participant
2022$3,747 per active participant

The Legal Aid Bureau of Buffalo, Inc.'s 2024 employer contribution ran above the $2,416 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.

Service providers · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$17,198
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$6,180

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,438 · 0.18%
2023$23,075 · 0.20%
2022$23,038 · 0.18%
Similar plansProfessional & Technical Services · New York
Bpn, LLP NY$15.3M · 0.83%
The Corporate Source, Inc. NY$15.3M · 0.92%
Fnz USA Inc. NY$15.1M · 0.25%
Synacor, Inc NY$15.0M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160743069 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.