Plan Ledger DOL Form 5500 · updated monthly

The New 5-7-9 & Beyond, Inc.Profit-sharing plan

RAINBOW/MARIANNE PUERTO RICO 401(K) PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

The New 5-7-9 & Beyond, Inc. reported $10,713 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $96 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 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (5,233rd of 5,648), and 4,817th of 5,215 in retail trade. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 648 to 842 since 2022.

Plan summary
Net assets, end of year$1,483,970
Participants with balances233
Active participants842
Employer contributions$81,220
Employee contributions$147,154
Employer contribution per active participant$96
Average account balance$6,369
Benefits paid to participants$25,335
Plan auditUnmodified (clean) audit opinion
AuditorAQUINO, DE CORDOVA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.5M · 233 accts · $81K emplr
2023$1.1M · 241 accts · $88K emplr
2022$772K · 241 accts · $94K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$800
Audit (IQPA)$9,913
Total administrative$10,713
Employer contributions to the The New 5-7-9 & Beyond, Inc. plan · 2024
Employer contribution per active participant$96
Median for plans this size$1,313
2024$96 per active participant
2023$136 per active participant
2022$145 per active participant

The New 5-7-9 & Beyond, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
AQUINO, DECORDOVA, ALFARO &CO., LLP · Accounting / audit$9,913
ORIENTAL BANK AND TRUST · Trustee (discretionary)indirect comp

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

Administrative cost history3
2024$10,713 · 0.82%
2023$10,905 · 1.15%
2022$5,943 · 0.83%
Similar plansRetail Trade · New York
Bread Alone Inc. NY$1.6M · 0.38%
Cookunity, Inc NY$1.6M · 2.92%
Furla USA Inc. NY$1.6M · 0.10%
Huck Finn Clothes, Inc. NY$1.4M · 0.47%
Adoreme, Inc. NY$1.4M · 1.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113490636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.