Plan Ledger DOL Form 5500 · updated monthly

Arrow Fastener Co., LLC401(k)

GREAT STAR TOOLS USA, INC. 401(K) PLAN · SADDLE BROOK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Arrow Fastener Co., LLC reported $110,086 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $2,883 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 0.17% to 0.40%. 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 834th-largest of 2,419 plans among New Jersey employers on file, and the 4,521st of 13,661 in manufacturing. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has shrunk from 427 to 293 since 2022.

Plan summary
Net assets, end of year$29,722,858
Participants with balances460
Active participants293
Employer contributions$844,684
Employee contributions$1,775,244
Employer contribution per active participant$2,883
Average account balance$64,615
Benefits paid to participants$3,304,806
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE&MORAN,PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$29.7M · 460 accts · $845K emplr
2023$25.8M · 466 accts · $963K emplr
2022$21.7M · 500 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,231
Investment management$55,855
Total administrative$110,086
The Arrow Fastener Co., LLC 401(k) match · 2024
Employer contribution per active participant$2,883
Median for plans this size$2,416
2024$2,883 per active participant
2023$3,929 per active participant
2022$3,776 per active participant

Arrow Fastener Co., 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 · 20245
LINCOLN NATIONAL CORPORATION · Recordkeeping$40,343
EQUITABLE ADVIOSRS, LLC · Other services$55,855
COASTAL PENSION SERVICES · Accounting / audit · Other services$6,938
ADMINISTRATIVE FIDUCIARY · Other services$6,388
BLUE RIDGE ASSOCIATES · Accounting / audit · Other services$562

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

Recordkeeper by year2
2024Lincoln Financial
2023Lincoln Financial

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Administrative cost history3
2024$110,086 · 0.40%
2023$91,946 · 0.39%
2022$40,161 · 0.17%
Similar plansManufacturing · New Jersey
Nova Wildcat Shur-Line, LLC NJ$30.4M · 0.01%
Rab Lighting, Inc. NJ$30.1M · 0.17%
G & W Laboratories, Inc. NJ$29.5M · 0.14%
Arthur Schuman Inc. NJ$29.0M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221818358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.