Plan Ledger DOL Form 5500 · updated monthly

Advocare, LLC401(k)

ADVOCARE, LLC 401(K) PROFIT SHARING PLAN · MARLTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Advocare, LLC reported $636,786 in plan administrative expenses for 2024: 0.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,502 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 0.17% to 0.16%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 137th-largest of 2,419 plans among New Jersey employers on file, and the 377th of 11,911 in health care & social assistance. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves; active participation has grown from 2,331 to 2,721 since 2022.

Plan summary
Net assets, end of year$418,835,208
Participants with balances3,140
Active participants2,721
Employer contributions$14,972,295
Employee contributions$14,799,050
Employer contribution per active participant$5,502
Average account balance$133,387
Benefits paid to participants$27,043,084
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$418.8M · 3,140 accts · $15.0M emplr
2023$371.5M · 2,967 accts · $13.3M emplr
2022$301.2M · 2,788 accts · $12.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$402,519
Investment management$234,267
Total administrative$636,786
The Advocare, LLC 401(k) match · 2024
Employer contribution per active participant$5,502
Median for plans this size$4,294
2024$5,502 per active participant
2023$5,187 per active participant
2022$5,445 per active participant

Advocare, LLC's 2024 employer contribution ran above the $4,294 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 · 20243
JOHN HANCOCK · Contract administrator · Recordkeeping$298,539
THE MANDMARBLESTONE GROUP, LLC · Recordkeeping · Pension consulting$103,980
RTD FINANCIAL ADVISORS · Investment advisory (participants) · Investment advisory (plan)$234,267

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

Recordkeeper by year2
2024John Hancock, THE MANDMARBLESTONE GROUP, LLC
2023John Hancock, THE MANDMARBLESTONE GROUP, LLC

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Administrative cost history3
2024$636,786 · 0.16%
2023$578,866 · 0.17%
2022$555,251 · 0.17%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
The Cooper Health System NJ$944.0M · 0.10%
Capital Health System, Inc. NJ$450.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223537011 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.