Plan Ledger DOL Form 5500 · updated monthly

Whiteman Osterman & Hanna LLP401(k)

WHITEMAN OSTERMAN & HANNA LLP PROFIT SHARING AND 401(K) PLAN · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Whiteman Osterman & Hanna LLP reported $56,808 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,250 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 0.13% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 764th-largest of 5,648 plans among New York employers on file, and the 1,445th of 11,654 in professional & technical services. In 2024, the employer put in $1.50 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$104,803,338
Participants with balances218
Active participants161
Employer contributions$2,294,311
Employee contributions$1,534,044
Employer contribution per active participant$14,250
Average account balance$480,749
Benefits paid to participants$6,692,660
Plan auditUnmodified (clean) audit opinion
AuditorBST & CO. CPS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$104.8M · 218 accts · $2.3M emplr
2023$94.1M · 197 accts · $2.2M emplr
2022$77.1M · 190 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,921
Investment management$13,709
Audit (IQPA)$2,178
Total administrative$56,808
The Whiteman Osterman & Hanna LLP 401(k) match · 2024
Employer contribution per active participant$14,250
Median for plans this size$3,635
2024$14,250 per active participant
2023$13,680 per active participant
2022$12,847 per active participant

Whiteman Osterman & Hanna LLP's 2024 employer contribution ran above the $3,635 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$44,730
GLOBAL RETIREMENT PARTNERS LLC · Investment management$9,900

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$56,808 · 0.06%
2023$80,983 · 0.09%
2022$110,672 · 0.13%
Same employer
Similar plansProfessional & Technical Services · New York
Roux Associates, Inc. NY$109.6M · 0.01%
C&S Worldwide Holdings, Inc. NY$106.0M · 0.14%
Braze, Inc. NY$104.2M · 0.26%
Butler/Till, Inc. NY$103.3M · 0.04%
Turner & Townsend, Inc. NY$102.1M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141564599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.