Plan Ledger DOL Form 5500 · updated monthly

Aegis Insurance Services, Inc.401(k)

AEGIS 401(K) RETIREMENT PLAN · EAST RUTHERFORD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Aegis Insurance Services, Inc. reported $4,361 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $22,789 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 0.04% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 218th-largest of 2,419 plans among New Jersey employers on file, and the 570th of 4,798 in finance & insurance. In 2024, the employer put in $1.41 for every $1.00 employees contributed themselves; active participation has grown from 272 to 306 since 2022.

Plan summary
Net assets, end of year$207,773,424
Participants with balances383
Active participants306
Employer contributions$6,973,287
Employee contributions$4,955,011
Employer contribution per active participant$22,789
Average account balance$542,489
Benefits paid to participants$8,280,673
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$207.8M · 383 accts · $7.0M emplr
2023$177.8M · 367 accts · $5.7M emplr
2022$141.9M · 349 accts · $5.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,361
Total administrative$4,361
The Aegis Insurance Services, Inc. 401(k) match · 2024
Employer contribution per active participant$22,789
Median for plans this size$3,635
2024$22,789 per active participant
2023$19,587 per active participant
2022$19,122 per active participant

Aegis Insurance Services, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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$4,361
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)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$4,361 · 0.00%
2023$3,007 · 0.00%
2022$60,318 · 0.04%
Same employer
Similar plansFinance & Insurance · New Jersey
Lord, Abbett & Co. LLC NJ$554.1M · 0.03%
Everest Reinsurance Company NJ$553.0M · 0.08%
Standard Chartered Bank NJ$407.3M · 0.05%
Freedom Mortgage Corporation NJ$200.2M · 0.37%
Provident Bank NJ$184.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222466904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.