Plan Ledger DOL Form 5500 · updated monthly

The New York Racing Association, Inc.401(k)

THE 401(K) PLAN OF THE NEW YORK RACING ASSOCIATION, INC. · JAMAICA, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

The New York Racing Association, Inc. reported $41,446 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,499 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 fell from 0.04% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 655th-largest of 5,648 plans among New York employers on file, and the 78th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $4.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$126,929,277
Participants with balances1,812
Active participants867
Employer contributions$1,299,366
Employee contributions$6,444,439
Employer contribution per active participant$1,499
Average account balance$70,049
Benefits paid to participants$15,109,680
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$126.9M · 1,812 accts · $1.3M emplr
2023$114.5M · 1,867 accts · $1.6M emplr
2022$95.2M · 1,882 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,464
Investment management$24,982
Total administrative$41,446
The The New York Racing Association, Inc. 401(k) match · 2024
Employer contribution per active participant$1,499
Median for plans this size$3,635
2024$1,499 per active participant
2023$1,851 per active participant
2022$1,587 per active participant

The New York Racing Association, Inc.'s 2024 employer contribution ran below the $3,635 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$24,982
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$16,464

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$41,446 · 0.03%
2023$37,364 · 0.04%
2022$44,975 · 0.04%
Same employer
Similar plansArts, Entertainment & Recreation · New York
Equinox Holdings, Inc. NY$181.8M · 0.28%
Major League Soccer LLC NY$176.7M · 0.11%
Resorts World Las Vegas, LLC NY$123.7M · 0.69%
Seneca Gaming Corporation NY$123.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611559040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.