Plan Ledger DOL Form 5500 · updated monthly

Appco Pharma LLC401(k)

APPCO PHARMA LLC 401(K) PROFIT SHARING PLAN & TRUST · PISCATAWAY, NJ · plan year 2023

Reported admin expense ratio · 2023
1.93%

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

Appco Pharma LLC reported $11,887 in plan administrative expenses for 2023: 1.93% of average plan assets, above the peer median. Employer contributions averaged $406 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 1 year on file its reported administrative ratio fell from 2.41% to 1.93%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (2,253rd of 2,419), and 11,328th of 11,654 in professional & technical services. In 2023, employees put in $3.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$791,301
Participants with balances90
Active participants151
Employer contributions$61,325
Employee contributions$219,855
Employer contribution per active participant$406
Average account balance$8,792
Benefits paid to participants$70,491
Plan auditUnmodified (clean) audit opinion
AuditorMIKE AVERSANO CPA, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$791K · 90 accts · $61K emplr
2022$438K · 140 accts · $54K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,745
Investment management$282
Trustee / custodial$860
Total administrative$11,887
The Appco Pharma LLC 401(k) match · 2023
Employer contribution per active participant$406
Median for plans this size$522
2023$406 per active participant
2022$438 per active participant

Appco Pharma LLC's 2023 employer contribution ran below the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PAYCHEX, INC. · Recordkeeping$8,475

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$11,887 · 1.93%
2022$7,666 · 2.41%
Similar plansProfessional & Technical Services · New Jersey
Techno-Comp, Inc. NJ$950K · 1.20%
Source Infotech Inc NJ$769K · 0.68%
Rangam Consultants, Inc. NJ$734K · 2.26%
Centraprise Corp NJ$728K · 0.59%
Ls Solutions Inc NJ$667K · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472145170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.