Plan Ledger DOL Form 5500 · updated monthly

Urban Dove, Inc.401(k)

URBAN DOVE 401(K) PLAN · LONG ISLAND CITY, NY · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Urban Dove, Inc. reported $30,617 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $960 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 0.98% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (4,671st of 5,648), and 2,605th of 3,091 in educational services. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has grown from 144 to 234 since 2022.

Plan summary
Net assets, end of year$4,044,767
Participants with balances288
Active participants234
Employer contributions$224,549
Employee contributions$570,619
Employer contribution per active participant$960
Average account balance$14,044
Benefits paid to participants$157,854
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 288 accts · $225K emplr
2023$2.7M · 213 accts · $171K emplr
2022$1.8M · 171 accts
Administrative expenses, itemized · 2024
Investment management$30,617
Total administrative$30,617
The Urban Dove, Inc. 401(k) match · 2024
Employer contribution per active participant$960
Median for plans this size$1,313
2024$960 per active participant
2023$1,047 per active participant

Urban Dove, Inc.'s 2024 employer contribution ran below the $1,313 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
ECONOMIC GROUP PENSION SERVICES · Contract administrator$10,800
ECONOMIC GROUP PENSION SERVICES · Contract administrator$5,975

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$30,617 · 0.91%
2023$20,070 · 0.88%
2022$15,832 · 0.98%
Same employer
Similar plansEducational Services · New York
Ai Holdings, Inc. NY$4.4M · 0.04%
Swedish Institute, Inc. NY$4.0M · 0.53%
Jowonio School NY$4.0M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133997718 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.