Plan Ledger DOL Form 5500 · updated monthly

Artech LLC401(k)

ARTECH INFORMATION SYSTEMS, LLC 401K SAVINGS PLAN · MORRISTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.33%

Artech LLC reported $222,501 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. 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 0.44% to 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 457th-largest of 2,419 plans among New Jersey employers on file, and the 224th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$71,190,900
Participants with balances3,654
Active participants3,164
Employer contributions—
Employee contributions$12,832,969
Employer contribution per active participant—
Average account balance$19,483
Benefits paid to participants$14,594,214
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$71.2M · 3,654 accts
2023$63.3M · 3,615 accts
2022$55.5M · 5,134 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$192,501
Audit (IQPA)$30,000
Total administrative$222,501
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
JOHN HANCOCK · Recordkeeping · Loan processing$192,366
KNAV CPA LLP · Accounting / audit$30,000

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$222,501 · 0.33%
2023$140,938 · 0.24%
2022$262,351 · 0.44%
Same employer
Similar plansAdministrative & Support Services · New Jersey
Extensis Group, LLC NJ$682.1M · 0.25%
Kuehne & Nagel Inc. NJ$507.7M · 0.12%
Anticimex, Inc. NJ$66.2M · 0.66%
Abel HR, Inc. NJ$64.8M · 0.28%
The Hibbert Company NJ$53.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223338103 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.