Plan Ledger DOL Form 5500 · updated monthly

Atalian Global Services Inc,401(k)

ATALIAN GLOBAL SERVICES 401K PLAN · JERSEY CITY, NJ · plan year 2023

Reported admin expense ratio · 2023
0.84%

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

Atalian Global Services Inc, reported $118,872 in plan administrative expenses for 2023: 0.84% of average plan assets, higher than ~90% of peers. Employer contributions averaged $91 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 1 year on file its reported administrative ratio rose from 0.68% to 0.84%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Jersey (1,270th of 2,419), and the 784th of 2,534 in administrative & support services. In 2023, employees put in $7.76 for every $1.00 the employer contributed; active participation has grown from 1,573 to 1,922 since 2022.

Plan summary
Net assets, end of year$14,618,436
Participants with balances1,115
Active participants1,922
Employer contributions$175,699
Employee contributions$1,362,901
Employer contribution per active participant$91
Average account balance$13,111
Benefits paid to participants$2,905,705
Plan auditUnmodified (clean) audit opinion
AuditorMSPC CERTIFIED PUBLIC ACCOUNTANTS &
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $50K emplr
2023$14.6M · 1,115 accts · $176K emplr
2022$13.8M · 1,113 accts · $210K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$118,872
Total administrative$118,872
The Atalian Global Services Inc, 401(k) match · 2023
Employer contribution per active participant$91
Median for plans this size$2,440
2023$91 per active participant
2022$134 per active participant

Atalian Global Services Inc,'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$118,872
SAGEVIEW ADVISORY CONSULTING GROUP · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024Not separately reported
2023$118,872 · 0.84%
2022$107,283 · 0.68%
Similar plansAdministrative & Support Services · New Jersey
Alpha Consulting LLC NJ$15.6M · 0.63%
Atlas Data Systems, LLC NJ$15.1M · 0.61%
Cyberthink, Inc. NJ$15.0M · 0.07%
The Millennium Group, Inc. NJ$14.8M · 0.18%
Allan Industries, Inc. NJ$14.4M · 0.74%
Nest International, Inc. NJ$11.7M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132622538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.