Plan Ledger DOL Form 5500 · updated monthly

Xad, Inc.401(k)

XAD, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Xad, Inc. reported $82,647 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $3,265 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 0.38% to 0.30%. 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 1,977th-largest of 5,648 plans among New York employers on file, and the 4,223rd of 11,654 in professional & technical services. In 2024, employees put in $4.55 for every $1.00 the employer contributed; active participation has shrunk from 252 to 182 since 2022.

Plan summary
Net assets, end of year$29,554,592
Participants with balances360
Active participants182
Employer contributions$594,241
Employee contributions$2,702,715
Employer contribution per active participant$3,265
Average account balance$82,096
Benefits paid to participants$2,885,885
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.6M · 360 accts · $594K emplr
2023$24.7M · 383 accts · $707K emplr
2022$18.7M · 400 accts · $794K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,977
Investment management$41,670
Total administrative$82,647
The Xad, Inc. 401(k) match · 2024
Employer contribution per active participant$3,265
Median for plans this size$2,416
2024$3,265 per active participant
2023$3,481 per active participant
2022$3,153 per active participant

Xad, Inc.'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
NEWFRONT RETIREMENT SERVICES INC · Investment advisory (plan)$41,670
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$40,977

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$82,647 · 0.30%
2023$73,060 · 0.34%
2022$77,347 · 0.38%
Same employer
Similar plansProfessional & Technical Services · New York
D'Arcangelo & Co., LLP NY$30.4M · 0.28%
Unqork Inc. NY$29.7M · 0.25%
Rnbw Holdings LLC NY$29.5M · 0.01%
Dopkins & Company, LLP NY$29.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330942669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.