Plan Ledger DOL Form 5500 · updated monthly

Automann, Inc.401(k)

AUTOMANN, INC. 401(K) PROFIT SHARING PLAN & TRUST · MONROE TOWNSHIP, NJ · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Automann, Inc. reported $77,295 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $381 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 3 years on file its reported administrative ratio has held roughly steady near 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,453rd of 2,419), and 2,789th of 4,246 in wholesale trade. In 2024, employees put in $5.32 for every $1.00 the employer contributed; active participation has grown from 383 to 782 since 2022.

Plan summary
Net assets, end of year$10,991,895
Participants with balances330
Active participants782
Employer contributions$297,899
Employee contributions$1,583,921
Employer contribution per active participant$381
Average account balance$33,309
Benefits paid to participants$899,820
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 330 accts · $298K emplr
2023$8.6M · 494 accts · $287K emplr
2022$6.1M · 453 accts · $227K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,124
Investment management$23,171
Total administrative$77,295
The Automann, Inc. 401(k) match · 2024
Employer contribution per active participant$381
Median for plans this size$1,313
2024$381 per active participant
2023$479 per active participant
2022$593 per active participant

Automann, Inc.'s 2024 employer contribution ran below the $1,313 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$54,124
WILMINGTON TRUST, NATIONAL ASSOCIAT · Recordkeeping · Trustee$23,171

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, WILMINGTON TRUST, NATIONAL ASSOCIAT
2023ADP, WILMINGTON TRUST, NATIONAL ASSOCIAT

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Administrative cost history3
2024$77,295 · 0.79%
2023$55,867 · 0.76%
2022$45,613 · 0.76%
Same employer
Similar plansWholesale Trade · New Jersey
Strides Pharma, Inc. NJ$11.7M · 0.02%
Taylor Oil Co., Inc. NJ$11.4M · 0.28%
Cosmax USA NJ$10.2M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223313040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.