Plan Ledger DOL Form 5500 · updated monthly

The Partnership for New York City, Inc.401(k)

SAVINGS PLAN FOR EMPLOYEES OF THE PARTNERSHIP FOR NEW YORK CITY, INC. · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

The Partnership for New York City, Inc. reported $9,535 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,535 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 other services employers. By assets it is the 2,764th-largest of 5,648 plans among New York employers on file, and the 1,185th of 3,341 in other services. In 2022, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,977,873
Participants with balances77
Active participants34
Employer contributions$324,201
Employee contributions$584,245
Employer contribution per active participant$9,535
Average account balance$220,492
Benefits paid to participants$1,298,169
Plan auditUnmodified (clean) audit opinion
AuditorMITCHELL AND TITUS, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,535
Total administrative$9,535
The The Partnership for New York City, Inc. 401(k) match · 2022
Employer contribution per active participant$9,535
Median for plans this size$2,266

The Partnership for New York City, Inc.'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 history1
2022$9,535 · 0.05%
Similar plansOther Services · New York
Uctie International Union NY$17.6M · 2.57%
Bestpass Inc NY$17.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133056559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.