Plan Ledger DOL Form 5500 · updated monthly

Adi American Distributors, LLC401(k)

ADI AMERICAN DISTRIBUTORS, LLC 401(K) RETIREMENT PLAN · RANDOLPH, NJ · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Adi American Distributors, LLC reported $6,041 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $398 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 0.06% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,412th of 2,419), and 2,696th of 4,246 in wholesale trade. In 2024, employees put in $5.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,822,349
Participants with balances247
Active participants246
Employer contributions$97,844
Employee contributions$529,950
Employer contribution per active participant$398
Average account balance$47,864
Benefits paid to participants$507,773
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 247 accts · $98K emplr
2023$10.3M · 233 accts · $98K emplr
2022$8.5M · 211 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,041
Total administrative$6,041
The Adi American Distributors, LLC 401(k) match · 2024
Employer contribution per active participant$398
Median for plans this size$2,416
2024$398 per active participant
2023$409 per active participant
2022$425 per active participant

Adi American Distributors, LLC's 2024 employer contribution ran below the $2,416 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.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$6,041
PRIVATE ADVISOR GROUP LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$6,041 · 0.05%
2023$5,378 · 0.06%
2022$5,611 · 0.06%
Similar plansWholesale Trade · New Jersey
Deep Foods, Inc. NJ$12.4M · 0.66%
Lionetti Associates LLC NJ$12.2M · 0.77%
Cream-O-Land Dairy, Inc. NJ$12.0M · 0.49%
Simco Logistics, Inc. NJ$12.0M · 0.03%
Strides Pharma, Inc. NJ$11.7M · 0.02%
Taylor Oil Co., Inc. NJ$11.4M · 0.28%
Automann, Inc. NJ$11.0M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222538240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.