Plan Ledger DOL Form 5500 · updated monthly

Arthur Schuman Inc.401(k)

ARTHUR SCHUMAN INC. 401(K) PROFIT SHARING PLAN · FAIRFIELD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Arthur Schuman Inc. reported $122,747 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $2,775 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 0.43% to 0.46%. 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 847th-largest of 2,419 plans among New Jersey employers on file, and the 4,590th of 13,661 in manufacturing. In 2024, employees put in $2.32 for every $1.00 the employer contributed; active participation has shrunk from 464 to 415 since 2022.

Plan summary
Net assets, end of year$29,038,453
Participants with balances536
Active participants415
Employer contributions$1,151,742
Employee contributions$2,667,904
Employer contribution per active participant$2,775
Average account balance$54,176
Benefits paid to participants$2,490,382
Plan auditUnmodified (clean) audit opinion
AuditorEISNER AMPER
Plan history3
Yearassets · accounts · employer contribution
2024$29.0M · 536 accts · $1.2M emplr
2023$24.6M · 578 accts · $1.2M emplr
2022$19.3M · 591 accts · $798K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$122,747
Total administrative$122,747
The Arthur Schuman Inc. 401(k) match · 2024
Employer contribution per active participant$2,775
Median for plans this size$2,416
2024$2,775 per active participant
2023$2,795 per active participant
2022$1,720 per active participant

Arthur Schuman Inc.'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
JPMORGAN INVEST HOLDINGS LLC$122,747

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$122,747 · 0.46%
2023$96,026 · 0.44%
2022$86,172 · 0.43%
Same employer
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%
J-Star Research, Inc. NJ$28.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135527700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.