Plan Ledger DOL Form 5500 · updated monthly

Asden Management LLC401(k)

ASDEN MANAGEMENT LLC 401(K) PROFIT SHARING PLAN & TRUST · MANASQUAN, NJ · plan year 2022

Reported admin expense ratio · 2022
1.67%

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

Asden Management LLC reported $4,627 in plan administrative expenses for 2022: 1.67% of average plan assets, higher than ~75% of peers. Employer contributions averaged $611 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (2,320th of 2,419), and 11,477th of 11,654 in professional & technical services. In 2022, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$367,007
Participants with balances60
Active participants166
Employer contributions$101,402
Employee contributions$168,608
Employer contribution per active participant$611
Average account balance$6,117
Benefits paid to participants$36,705
Plan auditUnmodified (clean) audit opinion
AuditorMIKE AVERSANO CPA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,889
Investment management$738
Total administrative$4,627
The Asden Management LLC 401(k) match · 2022
Employer contribution per active participant$611
Median for plans this size$331

Asden Management LLC's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,627 · 1.67%
Similar plansProfessional & Technical Services · New Jersey
Shekia Group L L C NJ$382K · 0.06%
Logic Planet Inc NJ$375K · 0.02%
Friends of Cyrus II NJ$369K · 0.78%
Technumen Inc NJ$271K · 0.81%
100 Blvd Mngmt LLC NJ$266K · 2.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470967011 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.