Plan Ledger DOL Form 5500 · updated monthly

AG Ship Maintenance Corp401(k)

AG SHIP MAINTENANCE CORP. 401(K) PROFIT SHARING PLAN - UNION · NEWARK, NJ · plan year 2022

Reported admin expense ratio · 2022
0.09%

AG Ship Maintenance Corp reported $6,508 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New Jersey (1,738th of 2,419), and 3,601st of 5,337 in construction.

Plan summary
Net assets, end of year$6,941,297
Participants with balances68
Active participants110
Employer contributions—
Employee contributions$957,729
Employer contribution per active participant—
Average account balance$102,078
Benefits paid to participants$108,673
Plan auditUnmodified (clean) audit opinion
AuditorPOLLAN MAUNER & WESS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,508
Total administrative$6,508
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,508 · 0.09%
Similar plansConstruction · New Jersey
Woodmont Properties LLC NJ$9.3M · 0.57%
Industrial Cooling Corp. NJ$5.8M · 0.27%
Top Shelf Electric Corp. NJ$4.9M · 1.48%
Marone Contractors, Inc. NJ$4.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112110636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.