Plan Ledger DOL Form 5500 · updated monthly

Weitz & Luxenberg, P.C.401(k)

WEITZ & LUXENBERG EMPLOYEE SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Weitz & Luxenberg, P.C. reported $133,716 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,903 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 0.30% to 0.34%. 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 1,575th-largest of 5,648 plans among New York employers on file, and the 3,255th of 11,654 in professional & technical services. In 2024, employees put in $2.32 for every $1.00 the employer contributed; active participation has grown from 344 to 379 since 2022.

Plan summary
Net assets, end of year$40,803,840
Participants with balances404
Active participants379
Employer contributions$1,100,341
Employee contributions$2,548,748
Employer contribution per active participant$2,903
Average account balance$101,000
Benefits paid to participants$4,961,649
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH AND BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$40.8M · 404 accts · $1.1M emplr
2023$37.1M · 380 accts · $973K emplr
2022$31.5M · 329 accts · $345K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$133,716
Total administrative$133,716
The Weitz & Luxenberg, P.C. 401(k) match · 2024
Employer contribution per active participant$2,903
Median for plans this size$2,416
2024$2,903 per active participant
2023$2,621 per active participant
2022$1,004 per active participant

Weitz & Luxenberg, P.C.'s 2024 employer contribution ran above the $2,416 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 · 20242
EQUITABLE LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$158,901
EQUITABLE LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect comp

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

Recordkeeper by year2
2024EQUITABLE LIFE INSURANCE COMPANY
2023EQUITABLE LIFE INSURANCE COMPANY

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$133,716 · 0.34%
2023$110,207 · 0.32%
2022$101,963 · 0.30%
Same employer
Similar plansProfessional & Technical Services · New York
Mga Research Corporation NY$41.4M · 0.35%
Pride Capital Partners, LLC NY$40.9M · 0.70%
United Radio, Inc. NY$40.6M · 0.44%
Ennead Architects LLP NY$40.4M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133607351 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.