Plan Ledger DOL Form 5500 · updated monthly

Arora and Associates, P.C.401(k)

ARORA AND ASSOCIATES, P.C. PENSION PLAN · LAWRENCEVILLE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Arora and Associates, P.C. reported $112,103 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $10,086 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 0.41% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 688th-largest of 2,419 plans among New Jersey employers on file, and the 3,385th of 11,654 in professional & technical services. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has grown from 102 to 115 since 2022.

Plan summary
Net assets, end of year$38,840,320
Participants with balances144
Active participants115
Employer contributions$1,159,880
Employee contributions$1,320,187
Employer contribution per active participant$10,086
Average account balance$269,724
Benefits paid to participants$3,287,287
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.8M · 144 accts · $1.2M emplr
2023$34.3M · 137 accts · $92K emplr
2022$30.6M · 144 accts · $148K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$175
Total administrative$112,103
The Arora and Associates, P.C. 401(k) match · 2024
Employer contribution per active participant$10,086
Median for plans this size$2,416
2024$10,086 per active participant
2023$950 per active participant
2022$1,446 per active participant

Arora and Associates, P.C.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$22,389
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$75,413
STAMBAUGH NESS · Accounting / audit$14,300

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$112,103 · 0.31%
2023$106,278 · 0.33%
2022$139,637 · 0.41%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Flaster/Greenberg P.C. NJ$39.0M · 0.05%
Taylor, Wiseman & Taylor NJ$38.5M · 0.02%
Wilkin & Guttenplan, P.C. NJ$36.3M · 0.25%
Ks Engineers, P.C. NJ$35.8M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222350558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.