Plan Ledger DOL Form 5500 · updated monthly

Asembia, LLC401(k)

ASEMBIA, LLC 401(K) PROFIT SHARING PLAN · FLORHAM PARK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Asembia, LLC reported $101,672 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,189 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 0.94% to 0.61%. 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 1,129th-largest of 2,419 plans among New Jersey employers on file, and 5,956th of 11,654 in professional & technical services. In 2024, employees put in $3.90 for every $1.00 the employer contributed; active participation has shrunk from 637 to 460 since 2022.

Plan summary
Net assets, end of year$17,812,286
Participants with balances370
Active participants460
Employer contributions$547,167
Employee contributions$2,135,783
Employer contribution per active participant$1,189
Average account balance$48,141
Benefits paid to participants$3,436,965
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 370 accts · $547K emplr
2023$15.4M · 396 accts · $535K emplr
2022$11.5M · 431 accts · $543K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,017
Investment management$39,655
Total administrative$101,672
The Asembia, LLC 401(k) match · 2024
Employer contribution per active participant$1,189
Median for plans this size$2,416
2024$1,189 per active participant
2023$990 per active participant
2022$853 per active participant

Asembia, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$62,017
HORNOR, TOWNSEND & KENT, LLC · Recordkeeping · Trustee$39,655

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

Recordkeeper by year2
2024ADP, HORNOR, TOWNSEND & KENT, LLC
2023ADP, HORNOR, TOWNSEND & KENT, LLC

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Administrative cost history3
2024$101,672 · 0.61%
2023$91,323 · 0.68%
2022$110,052 · 0.94%
Same employer
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Psychogenics Inc. NJ$18.3M · 0.35%
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Source: U.S. Department of Labor, Form 5500 series, EIN 201863446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.