Plan Ledger DOL Form 5500 · updated monthly

Tidal Basin Holdco LLC401(k)

TIDAL BASIN HOLDCO LLC 401(K) RETIREMENT SAVINGS PLAN · UTICA, NY · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Tidal Basin Holdco LLC reported $107,432 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,385 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 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,528th-largest of 5,648 plans among New York employers on file, and 3,055th of 4,798 in finance & insurance. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,037,270
Participants with balances560
Active participants599
Employer contributions$1,428,843
Employee contributions$2,793,366
Employer contribution per active participant$2,385
Average account balance$35,781
Benefits paid to participants$3,402,791
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,361
Audit (IQPA)$45,071
Total administrative$107,432
The Tidal Basin Holdco LLC 401(k) match · 2024
Employer contribution per active participant$2,385
Median for plans this size$2,416

Tidal Basin Holdco LLC's 2024 employer contribution ran below 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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$62,311
PARKWOOD WEALTH PARTNERS LLC · Investment management$23,895
BUCKINGHAM ASSET MANAGEMENT · Investment management$21,176

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

Administrative cost history1
2024$107,432 · 0.58%
Same employer
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The Berkshire Bank NY$21.1M · 0.03%
Policygenius, Inc. NY$20.7M · 0.55%
Iroquois Group Inc NY$20.2M · 0.35%
Petra Funds Group LLC NY$19.9M · 0.35%
Meridian Capital Group, LLC NY$19.9M · 0.03%
Moneylion, Inc. NY$19.8M · 0.76%
Pentegra Services Inc NY$19.3M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 932022863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.