Plan Ledger DOL Form 5500 · updated monthly

Tvr Communications LLC401(k)

TVR COMMUNICATIONS 401(K) RETIREMENT SAVINGS PLAN · LAKE SUCCESS, NY · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

Tvr Communications LLC reported $47,324 in plan administrative expenses for 2023: 0.56% of average plan assets, above the peer median. Employer contributions averaged $857 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 1 year on file its reported administrative ratio fell from 0.60% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (3,778th of 5,648), and 1,188th of 2,096 in real estate & leasing. In 2023, employees put in $2.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,902,717
Participants with balances133
Active participants187
Employer contributions$160,232
Employee contributions$463,559
Employer contribution per active participant$857
Average account balance$66,938
Benefits paid to participants$1,382,933
Plan auditUnmodified (clean) audit opinion
AuditorPFK O'CONNOR DAVIES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$8.9M · 133 accts · $160K emplr
2022$8.1M · 116 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$47,324
Total administrative$47,324
The Tvr Communications LLC 401(k) match · 2023
Employer contribution per active participant$857
Median for plans this size$1,308

Tvr Communications LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
EMPOWER ADVISORY GROUP LLC · Investment management$3,650
PLANNED RETIREMENT CONSULTANTS & AD · Contract administrator$1,350
FLAGSTAR ADVISORS INCindirect comp

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

Administrative cost history3
2024Not separately reported
2023$47,324 · 0.56%
2022$55,745 · 0.60%
Similar plansReal Estate & Leasing · New York
Tgm Associates L.P. NY$10.2M · 0.67%
Smg Services, LLC NY$8.7M · 0.36%
Dawn Homes Management LLC NY$8.6M · 0.15%
Unmb Home Loans Inc. NY$8.4M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200481785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.