Plan Ledger DOL Form 5500 · updated monthly

Boll & Branch LLC401(k)

BOLL & BRANCH LLC RETIREMENT TRUST · SUMMIT, NJ · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Boll & Branch LLC reported $52,578 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $3,098 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 rose from 0.66% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,678th of 2,419), and 8,766th of 11,654 in professional & technical services. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 144 to 204 since 2022.

Plan summary
Net assets, end of year$7,763,354
Participants with balances156
Active participants204
Employer contributions$631,944
Employee contributions$1,109,500
Employer contribution per active participant$3,098
Average account balance$49,765
Benefits paid to participants$687,719
Plan auditUnmodified (clean) audit opinion
AuditorCOHNREZNIK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 156 accts · $632K emplr
2023$5.8M · 142 accts · $570K emplr
2022$3.4M · 129 accts · $499K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,578
Total administrative$52,578
The Boll & Branch LLC 401(k) match · 2024
Employer contribution per active participant$3,098
Median for plans this size$1,313
2024$3,098 per active participant
2023$3,372 per active participant
2022$3,468 per active participant

Boll & Branch LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$32,995
EMPOWER ADVISORY GROUP, LLC · Investment management$4,386
PLANNED RETIREMENT CONSULTANTS & AD · Contract administrator$200

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$52,578 · 0.78%
2023$32,376 · 0.71%
2022$20,232 · 0.66%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Aequor Technologies, LLC NJ$7.8M · 0.79%
Umongous Inc NJ$7.8M · 0.61%
Payrolling Partners, Inc NJ$7.7M · 1.06%
Electrifai LLC NJ$7.7M · 0.34%
Prutech Solutions, Inc. NJ$7.6M · 0.39%
Semperis Inc NJ$7.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462578196 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.