Plan Ledger DOL Form 5500 · updated monthly

Accurate Monitoring, LLC401(k)

ACCURATE MONITORING 401(K) PLAN · FAIRFIELD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Accurate Monitoring, LLC reported $32,331 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,893 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 1 year on file its reported administrative ratio rose from 0.01% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,388th of 2,419), and the 5,088th of 11,911 in health care & social assistance. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,252,901
Participants with balances192
Active participants181
Employer contributions$523,713
Employee contributions$1,065,740
Employer contribution per active participant$2,893
Average account balance$63,817
Benefits paid to participants$276,371
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH AND BROWN P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$12.3M · 192 accts · $524K emplr
2023$9.2M · 145 accts · $262K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,331
Total administrative$32,331
The Accurate Monitoring, LLC 401(k) match · 2024
Employer contribution per active participant$2,893
Median for plans this size$2,416
2024$2,893 per active participant
2023$1,984 per active participant

Accurate Monitoring, LLC'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$32,331

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history2
2024$32,331 · 0.30%
2023$828 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
The Childsmiles Group, LLC NJ$13.1M · 0.45%
Kayal Medical Group LLC NJ$12.3M · 0.62%
Juniper Communities LLC NJ$11.9M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205795855 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.