Plan Ledger DOL Form 5500 · updated monthly

Urby, LLC401(k)

URBY 401(K) PLAN · HOBOKEN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Urby, LLC reported $9,179 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,353 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 rose from 0.02% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New Jersey (1,498th of 2,419), and 1,103rd of 2,096 in real estate & leasing. In 2024, employees put in $2.70 for every $1.00 the employer contributed; active participation has grown from 144 to 180 since 2022.

Plan summary
Net assets, end of year$10,127,118
Participants with balances173
Active participants180
Employer contributions$423,603
Employee contributions$1,143,486
Employer contribution per active participant$2,353
Average account balance$58,538
Benefits paid to participants$1,108,645
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH & BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 173 accts · $424K emplr
2023$8.2M · 181 accts · $362K emplr
2022$5.6M · 148 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,179
Total administrative$9,179
The Urby, LLC 401(k) match · 2024
Employer contribution per active participant$2,353
Median for plans this size$1,313
2024$2,353 per active participant
2023$2,351 per active participant
2022$1,210 per active participant

Urby, LLC's 2024 employer contribution ran above the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,179

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$9,179 · 0.10%
2023$1,265 · 0.02%
2022Not separately reported
Same employer
Similar plansReal Estate & Leasing · New Jersey
Party Rental LTD. NJ$11.8M · 0.86%
Taylor Management Company NJ$8.6M · 0.75%
Tallen, Inc. NJ$7.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462213406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.