Plan Ledger DOL Form 5500 · updated monthly

Atlantic Plumbing Supply Corp.401(k)

ATLANTIC PLUMBING SUPPLY 401(K) PLAN · LONG BRANCH, NJ · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Atlantic Plumbing Supply Corp. reported $2,637 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,891 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 0.03% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New Jersey (1,349th of 2,419), and 2,696th of 5,337 in construction. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 120 to 170 since 2022.

Plan summary
Net assets, end of year$12,931,363
Participants with balances124
Active participants170
Employer contributions$321,538
Employee contributions$615,839
Employer contribution per active participant$1,891
Average account balance$104,285
Benefits paid to participants$1,343,523
Plan auditUnmodified (clean) audit opinion
AuditorROSS,ROSENTHAL & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 124 accts · $322K emplr
2023$11.9M · 109 accts · $295K emplr
2022$10.8M · 100 accts · $226K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,637
Total administrative$2,637
The Atlantic Plumbing Supply Corp. 401(k) match · 2024
Employer contribution per active participant$1,891
Median for plans this size$2,416
2024$1,891 per active participant
2023$2,110 per active participant
2022$1,880 per active participant

Atlantic Plumbing Supply Corp.'s 2024 employer contribution ran below 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,638
MORGAN STANLEY SMITH BARNEYindirect 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
2024$2,637 · 0.02%
2023$2,650 · 0.02%
2022$3,029 · 0.03%
Similar plansConstruction · New Jersey
A.C.T. Lighting, Inc. NJ$13.8M · 0.38%
Vollers, Inc. NJ$12.3M · 0.36%
Jottan, Inc. NJ$12.1M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222477900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.