Plan Ledger DOL Form 5500 · updated monthly

Board of TrusteesMoney purchase plan

NYSA-PPGU MONEY PURCHASE PENSION FUND & PLAN · BAYONNE, NJ · plan year 2025

Reported admin expense ratio · 2025
0.25%

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

Board of Trustees reported $104,951 in plan administrative expenses for 2025: 0.25% of average plan assets, below the peer median. Employer contributions averaged $8,341 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 rose from 0.24% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 618th-largest of 2,419 plans among New Jersey employers on file, and the 412th of 2,677 in transportation & warehousing. active participation has shrunk from 461 to 364 since 2022.

Plan summary
Net assets, end of year$44,548,527
Participants with balances508
Active participants364
Employer contributions$3,035,970
Employee contributions—
Employer contribution per active participant$8,341
Average account balance$87,694
Benefits paid to participants$1,598,570
Plan auditUnmodified (clean) audit opinion
AuditorDESENA & COMPANY CPAS, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$44.5M · 508 accts · $3.0M emplr
2024$38.4M · 483 accts · $2.9M emplr
2023$34.4M · 503 accts · $2.8M emplr
2022$29.1M · 496 accts · $2.7M emplr
Administrative expenses, itemized · 2025
Investment management$40,427
Audit (IQPA)$13,370
Total administrative$104,951
Employer contributions to the Board of Trustees plan · 2025
Employer contribution per active participant$8,341
Median for plans this size$2,666
2025$8,341 per active participant
2024$8,629 per active participant
2023$6,113 per active participant
2022$5,754 per active participant

Board of Trustees's 2025 employer contribution ran above the $2,666 median for plans its size, placing it in the top 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20255
JOHN HANCOCK RETIREMENT PLAN SVC · Recordkeeping$33,535
REYNOLDS CONSULTING SERVICES, LLC · Pension consulting$40,427
THE LAMBOS FIRM, LLP · Legal$18,480
FIUMAN MOGILLA, LLP · Legal$18,480
DESENA & COMPANY CPAS, LLC · Accounting / audit$13,370

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023Prudential

This plan has changed recordkeepers within these filings. If you left Board of Trustees before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$104,951 · 0.25%
2024$98,691 · 0.27%
2023$77,379 · 0.24%
2022$72,453 · 0.24%
Similar plansTransportation & Warehousing · New Jersey
Academy Bus, LLC NJ$48.5M · 0.20%
Corcentric, Inc. NJ$41.8M · 0.20%
Western Carriers, Inc. NJ$41.7M · 0.44%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 133769079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.