Plan Ledger DOL Form 5500 · updated monthly

Alfa Wassermann Professional Services, LLC401(k)

ALFA WASSERMANN PROFESSIONAL SERVICES, LLC EMPLOYEES 401(K) SAVINGS PLAN · WEST CALDWELL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Alfa Wassermann Professional Services, LLC reported $7,744 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,466 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 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 841st-largest of 2,419 plans among New Jersey employers on file, and the 4,541st of 13,661 in manufacturing. In 2024, employees put in $3.51 for every $1.00 the employer contributed; active participation has shrunk from 91 to 78 since 2022.

Plan summary
Net assets, end of year$29,459,793
Participants with balances136
Active participants78
Employer contributions$192,345
Employee contributions$675,230
Employer contribution per active participant$2,466
Average account balance$216,616
Benefits paid to participants$968,108
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.5M · 136 accts · $192K emplr
2023$25.5M · 140 accts · $200K emplr
2022$22.4M · 135 accts · $183K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,744
Total administrative$7,744
The Alfa Wassermann Professional Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,466
Median for plans this size$2,416
2024$2,466 per active participant
2023$2,146 per active participant
2022$2,008 per active participant

Alfa Wassermann Professional Services, LLC's 2024 employer contribution ran above the $2,416 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 · 20241
LAIKEN ASSOCIATES, INC. · Other servicesindirect 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$7,744 · 0.03%
2023$7,407 · 0.03%
2022$8,346 · 0.04%
Similar plansManufacturing · New Jersey
Rab Lighting, Inc. NJ$30.1M · 0.17%
Arrow Fastener Co., LLC NJ$29.7M · 0.40%
G & W Laboratories, Inc. NJ$29.5M · 0.14%
Arthur Schuman Inc. NJ$29.0M · 0.46%
J-Star Research, Inc. NJ$28.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 432038203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.