Plan Ledger DOL Form 5500 · updated monthly

Workandco International Inc. D/B/A Work & Co.401(k)

WORK & CO. 401(K) PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Workandco International Inc. D/B/A Work & Co. reported $11,834 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,614 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 0.02% to 0.03%. 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 1,626th-largest of 5,648 plans among New York employers on file, and the 3,361st of 11,654 in professional & technical services. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has shrunk from 336 to 246 since 2022.

Plan summary
Net assets, end of year$39,069,583
Participants with balances505
Active participants246
Employer contributions$1,627,073
Employee contributions$2,955,544
Employer contribution per active participant$6,614
Average account balance$77,366
Benefits paid to participants$5,794,423
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $231K emplr
2024$39.1M · 505 accts · $1.6M emplr
2023$34.1M · 527 accts · $1.6M emplr
2022$24.7M · 508 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,834
Total administrative$11,834
The Workandco International Inc. D/B/A Work & Co. 401(k) match · 2024
Employer contribution per active participant$6,614
Median for plans this size$2,416
2024$6,614 per active participant
2023$5,905 per active participant
2022$4,892 per active participant

Workandco International Inc. D/B/A Work & Co.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$6,182
ASSOCIATED PENSION CONSULTANTS, INC · Contract administrator · Other services$5,700

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

Administrative cost history4
2025Not separately reported
2024$11,834 · 0.03%
2023$6,501 · 0.02%
2022$4,090 · 0.02%
Same employer
Similar plansProfessional & Technical Services · New York
Welocalize, Inc. NY$39.5M · 0.30%
Fairfield-Maxwell LTD. NY$39.5M · 0.07%
McFarland-Johnson, Inc. NY$38.6M · 0.31%
Desmarais, LLP NY$38.6M · 0.02%
Acv Auctions Inc NY$38.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462436774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.