Plan Ledger DOL Form 5500 · updated monthly

Third Bridge401(k)

THIRD BRIDGE 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Third Bridge reported $136,282 in plan administrative expenses for 2024: 0.83% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,504 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 0.91% to 0.83%. 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 the 2,639th-largest of 5,648 plans among New York employers on file, and 5,853rd of 11,654 in professional & technical services. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,369,532
Participants with balances696
Active participants394
Employer contributions$1,380,415
Employee contributions$2,146,855
Employer contribution per active participant$3,504
Average account balance$26,393
Benefits paid to participants$2,216,269
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 696 accts · $1.4M emplr
2023$14.4M · 661 accts · $1.3M emplr
2022$11.1M · 749 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$136,282
Total administrative$136,282
The Third Bridge 401(k) match · 2024
Employer contribution per active participant$3,504
Median for plans this size$2,416
2024$3,504 per active participant
2023$3,887 per active participant
2022$3,016 per active participant

Third Bridge's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
ASCENSUS LLC · Recordkeeping$34,153
MMA SECURITIES$46,370
JOHN HANCOCK · Contract administrator$21,496
COMPASS 360, LLC · Plan administrator$20,980
PENSION ASSURANCE LLP · Contract administrator$13,000

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$136,282 · 0.83%
2023$112,951 · 0.88%
2022$105,856 · 0.91%
Same employer
Similar plansProfessional & Technical Services · New York
The Metro Group, Inc. NY$18.5M · 0.13%
Suzy, Inc. NY$18.0M · 0.57%
Milrose Consultants, LLC NY$17.9M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273035072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.