Plan Ledger DOL Form 5500 · updated monthly

Zaynab Satchu DVM, PC401(k)

ZAYNAB SATCHU DVM, PC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Zaynab Satchu DVM, PC reported $25,130 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $935 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 0.88% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (4,022nd of 5,648), and 8,928th of 11,654 in professional & technical services. In 2024, employees put in $3.31 for every $1.00 the employer contributed; active participation has grown from 311 to 445 since 2022.

Plan summary
Net assets, end of year$7,355,477
Participants with balances284
Active participants445
Employer contributions$416,278
Employee contributions$1,376,468
Employer contribution per active participant$935
Average account balance$25,900
Benefits paid to participants$357,909
Plan auditUnmodified (clean) audit opinion
AuditorPENDING CPA
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 284 accts · $416K emplr
2023$5.0M · 244 accts · $506K emplr
2022$2.2M · 230 accts · $391K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,986
Investment management$11,144
Total administrative$25,130
The Zaynab Satchu DVM, PC 401(k) match · 2024
Employer contribution per active participant$935
Median for plans this size$1,313
2024$935 per active participant
2023$1,424 per active participant
2022$1,258 per active participant

Zaynab Satchu DVM, PC's 2024 employer contribution ran below the $1,313 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 · 20241
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$25,130

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$25,130 · 0.41%
2023$25,092 · 0.70%
2022$13,326 · 0.88%
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Source: U.S. Department of Labor, Form 5500 series, EIN 833843539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.