Plan Ledger DOL Form 5500 · updated monthly

Aijj Enterprises, Inc401(k)

RAINBOW APPAREL 401(K) SAVINGS PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Aijj Enterprises, Inc reported $291,064 in plan administrative expenses for 2024: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $348 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 0.47% to 0.38%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 931st-largest of 5,648 plans among New York employers on file, and the 436th of 5,215 in retail trade. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 3,941 to 6,004 since 2022.

Plan summary
Net assets, end of year$81,840,549
Participants with balances1,030
Active participants6,004
Employer contributions$2,088,608
Employee contributions$3,896,570
Employer contribution per active participant$348
Average account balance$79,457
Benefits paid to participants$4,779,780
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$81.8M · 1,030 accts · $2.1M emplr
2023$71.9M · 1,055 accts · $2.1M emplr
2022$64.4M · 1,032 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$291,064
Total administrative$291,064
The Aijj Enterprises, Inc 401(k) match · 2024
Employer contribution per active participant$348
Median for plans this size$3,635
2024$348 per active participant
2023$426 per active participant
2022$509 per active participant

Aijj Enterprises, Inc's 2024 employer contribution ran below the $3,635 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$290,761
MARCUM LLP · Accounting / auditindirect comp
PENSIONMARK FINANCIAL GROUP, 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$291,064 · 0.38%
2023$252,170 · 0.37%
2022$316,764 · 0.47%
Similar plansRetail Trade · New York
Eileen Fisher, Inc. NY$92.9M · 0.07%
Giorgio Armani Corporation NY$86.3M · 0.24%
Burberry Limited NY$85.1M · 0.14%
Warby Parker Inc. NY$74.6M · 0.26%
Gabrielli Truck Sales, LTD NY$74.3M · 0.08%
Curtis Lumber Company, Inc NY$70.0M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133070879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.