Plan Ledger DOL Form 5500 · updated monthly

Three Cities Management LLCProfit-sharing plan

THREE CITIES MANAGEMENT LLC RETIREMENT PLAN · NEWBURGH, NY · plan year 2022

Reported admin expense ratio · 2022
3.48%

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

Three Cities Management LLC reported $21,693 in plan administrative expenses for 2022: 3.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $18,658 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (5,455th of 5,648), and 1,915th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$486,577
Participants with balances252
Active participants14
Employer contributions$261,210
Employee contributions$0
Employer contribution per active participant$18,658
Average account balance$1,931
Benefits paid to participants$383,628
Plan auditUnmodified (clean) audit opinion
AuditorBAS PARTNERS, INC.
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$487K · 252 accts · $261K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,611
Professional / advisory$3,500
Total administrative$21,693
Employer contributions to the Three Cities Management LLC plan · 2022
Employer contribution per active participant$18,658
Median for plans this size$331

Three Cities Management LLC's 2022 employer contribution ran above the $331 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 history2
2023Not separately reported
2022$21,693 · 3.48%
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Source: U.S. Department of Labor, Form 5500 series, EIN 475666124 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.