Plan Ledger DOL Form 5500 · updated monthly

Aldercrest Development Corp.401(k)

ALDERCREST DEVELOPMENT CORP. 401(K) P/S PLAN · OLD BRIDGE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Aldercrest Development Corp. reported $25,013 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $1,563 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 rose from 0.23% to 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New Jersey (1,709th of 2,419), and 1,305th of 2,096 in real estate & leasing. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,350,045
Participants with balances173
Active participants275
Employer contributions$429,761
Employee contributions$730,905
Employer contribution per active participant$1,563
Average account balance$42,486
Benefits paid to participants$786,194
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 173 accts · $430K emplr
2023$6.0M · 195 accts · $415K emplr
2022$4.3M · 199 accts · $421K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,750
Investment management$23,263
Total administrative$25,013
The Aldercrest Development Corp. 401(k) match · 2024
Employer contribution per active participant$1,563
Median for plans this size$1,313
2024$1,563 per active participant
2023$1,434 per active participant
2022$1,492 per active participant

Aldercrest Development Corp.'s 2024 employer contribution ran above the $1,313 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 · 20242
JP MORGAN SECURITIES LLC · Investment advisory (plan)$21,946

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$25,013 · 0.38%
2023$10,583 · 0.21%
2022$10,210 · 0.23%
Similar plansReal Estate & Leasing · New Jersey
Tallen, Inc. NJ$7.9M · 0.33%
Ulma Form Works, Inc NJ$6.9M · 0.54%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 221773842 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.