Plan Ledger DOL Form 5500 · updated monthly

Unqork Inc.401(k)

UNQORK INC. 401(K) RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Unqork Inc. reported $70,021 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $5,677 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 fell from 0.27% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,968th-largest of 5,648 plans among New York employers on file, and the 4,202nd of 11,654 in professional & technical services. In 2024, employees put in $3.01 for every $1.00 the employer contributed; active participation has shrunk from 446 to 222 since 2022.

Plan summary
Net assets, end of year$29,719,258
Participants with balances445
Active participants222
Employer contributions$1,260,263
Employee contributions$3,792,976
Employer contribution per active participant$5,677
Average account balance$66,785
Benefits paid to participants$6,008,351
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.7M · 445 accts · $1.3M emplr
2023$26.3M · 524 accts · $981K emplr
2022$19.5M · 532 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,582
Investment management$8,439
Total administrative$70,021
The Unqork Inc. 401(k) match · 2024
Employer contribution per active participant$5,677
Median for plans this size$2,416
2024$5,677 per active participant
2023$3,430 per active participant
2022$4,615 per active participant

Unqork Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$61,582
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,439

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$70,021 · 0.25%
2023$56,969 · 0.25%
2022$46,544 · 0.27%
Same employer
Similar plansProfessional & Technical Services · New York
Ts Imagine, Inc. NY$30.5M · 0.09%
D'Arcangelo & Co., LLP NY$30.4M · 0.28%
Xad, Inc. NY$29.6M · 0.30%
Rnbw Holdings LLC NY$29.5M · 0.01%
Dopkins & Company, LLP NY$29.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821866205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.