Plan Ledger DOL Form 5500 · updated monthly

Yorkmg, LLC401(k)

YORKMG, LLC 401(K) PLAN · EAST ELMHURST, NY · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Yorkmg, LLC reported $20,200 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $489 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 4 years on file its reported administrative ratio fell from 0.37% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,950th of 5,648), and 6,555th of 11,911 in health care & social assistance. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has shrunk from 1,047 to 632 since 2020.

Plan summary
Net assets, end of year$7,745,026
Participants with balances320
Active participants632
Employer contributions$309,022
Employee contributions$456,286
Employer contribution per active participant$489
Average account balance$24,203
Benefits paid to participants$602,591
Plan auditUnmodified (clean) audit opinion
AuditorALAN GOODMAN, CPA, PC
Plan history4
Yearassets · accounts · employer contribution
2024$7.7M · 320 accts · $309K emplr
2023$6.9M · 321 accts · $296K emplr
2022$5.7M · 321 accts · $280K emplr
2020$5.4M · 320 accts · $272K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,200
Total administrative$20,200
The Yorkmg, LLC 401(k) match · 2024
Employer contribution per active participant$489
Median for plans this size$1,313
2024$489 per active participant
2023$519 per active participant
2022$346 per active participant
2020$259 per active participant

Yorkmg, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

Administrative cost history4
2024$20,200 · 0.28%
2023$18,450 · 0.29%
2022$17,650 · 0.30%
2020$18,050 · 0.37%
Same employer
Similar plansHealth Care & Social Assistance · New York
Venture Together, Inc. NY$7.8M · 0.69%
Family Services, Inc. NY$7.6M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462998672 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.