Tower Legal Staffing, Inc.401(k)
TOWER LEGAL SOLUTIONS 401(K) PLAN · NEW YORK, NY · plan year 2023
Tower Legal Staffing, Inc. reported $45,255 in plan administrative expenses for 2023: 1.57% of average plan assets, higher than ~90% of peers. 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 has held roughly steady near 1.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (4,820th of 5,648), and 10,416th of 11,654 in professional & technical services. active participation has grown from 145 to 165 since 2022.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 260230168 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.