Plan Ledger DOL Form 5500 · updated monthly

Udell Jewelers, Inc. D/B/A London Jewelers & Affiliates401(k)

UDELL JEWELERS, INC. D/B/A LONDON JEWELERS & AFFILIATES 401(K) PLAN · GLEN COVE, NY · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Udell Jewelers, Inc. D/B/A London Jewelers & Affiliates reported $63,841 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,054 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 rose from 0.37% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,816th-largest of 5,648 plans among New York employers on file, and the 1,774th of 5,215 in retail trade. In 2024, employees put in $4.32 for every $1.00 the employer contributed; active participation has grown from 230 to 267 since 2022.

Plan summary
Net assets, end of year$16,339,735
Participants with balances173
Active participants267
Employer contributions$281,352
Employee contributions$1,216,150
Employer contribution per active participant$1,054
Average account balance$94,449
Benefits paid to participants$918,809
Plan auditUnmodified (clean) audit opinion
AuditorMACIAS, GINI & O'CONNELL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 173 accts · $281K emplr
2023$14.1M · 155 accts · $251K emplr
2022$12.1M · 134 accts · $285K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,003
Investment management$39,838
Total administrative$63,841
The Udell Jewelers, Inc. D/B/A London Jewelers & Affiliates 401(k) match · 2024
Employer contribution per active participant$1,054
Median for plans this size$2,416
2024$1,054 per active participant
2023$954 per active participant
2022$1,241 per active participant

Udell Jewelers, Inc. D/B/A London Jewelers & Affiliates's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$43,513
CAPITAL GROUP RETIRMT PLAN SERVICES$21,078
UNITED BENEFIT PENSIONS INC. · Contract administrator$2,925

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

Administrative cost history3
2024$63,841 · 0.42%
2023$50,811 · 0.39%
2022$45,085 · 0.37%
Same employer
Similar plansRetail Trade · New York
Lavitt Group, Inc. NY$17.5M · 0.68%
Maguire Automotive, LLC NY$17.1M · 0.33%
Davidson Chevrolet, Inc. NY$17.0M · 0.34%
Joe Basil Chevrolet NY$16.9M · 0.41%
Vroom Inc. NY$16.3M · 0.74%
Ro-Zap Enterprises, Inc. NY$16.3M · 0.51%
Williams Lumber Inc. NY$16.1M · 0.35%
Simmons Rockwell NY$16.0M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112393206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.