Plan Ledger DOL Form 5500 · updated monthly

Berlitz Corporation401(k)

THE BERLITZ CORPORATION RETIREMENT SAVINGS PLAN · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Berlitz Corporation reported $33,766 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,407 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 0.047%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 443rd-largest of 2,419 plans among New Jersey employers on file, and the 680th of 3,091 in educational services. In 2024, employees put in $2.74 for every $1.00 the employer contributed; active participation has shrunk from 458 to 399 since 2022.

Plan summary
Net assets, end of year$74,786,022
Participants with balances918
Active participants399
Employer contributions$561,434
Employee contributions$1,537,377
Employer contribution per active participant$1,407
Average account balance$81,466
Benefits paid to participants$6,392,671
Plan auditUnmodified (clean) audit opinion
AuditorEISNER AMPER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$74.8M · 918 accts · $561K emplr
2023$67.7M · 966 accts · $624K emplr
2022$62.3M · 978 accts · $582K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,818
Investment management$1,588
Audit (IQPA)$9,360
Total administrative$33,766
The Berlitz Corporation 401(k) match · 2024
Employer contribution per active participant$1,407
Median for plans this size$3,635
2024$1,407 per active participant
2023$1,479 per active participant
2022$1,272 per active participant

Berlitz Corporation's 2024 employer contribution ran below the $3,635 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
EISNERAMPER LLP · Accounting / audit$29,120

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$33,766 · 0.05%
2023$37,250 · 0.06%
2022$33,932 · 0.05%
Same employer
Similar plansEducational Services · New Jersey
The Pingry Corporation NJ$80.7M · 0.02%
Kent Place School NJ$79.3M · 0.04%
Blair Academy NJ$78.3M · 0.16%
Saint Peter's University NJ$76.0M · 0.02%
Georgian Court University NJ$74.3M · 0.08%
Kumon North America, Inc. NJ$69.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133550016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.