Plan Ledger DOL Form 5500 · updated monthly

Brandon Broderick, Esq., LLC401(k)

BRANDON BRODERICK, ESQ., LLC 401(K) RETIREMENT PLAN · RIVER EDGE, NJ · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Brandon Broderick, Esq., LLC reported $12,205 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,521 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (2,118th of 2,419), and 10,797th of 11,654 in professional & technical services. In 2022, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,258,249
Participants with balances124
Active participants104
Employer contributions$158,178
Employee contributions$395,202
Employer contribution per active participant$1,521
Average account balance$18,212
Benefits paid to participants$31,830
Plan auditUnmodified (clean) audit opinion
AuditorLAWRENCE BROWN, CPA
The Brandon Broderick, Esq., LLC 401(k) match · 2022
Employer contribution per active participant$1,521
Median for plans this size$1,114

Brandon Broderick, Esq., LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$12,205 · 0.56%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Smart Ims NJ$2.5M · 0.46%
Devon Rex Vets PC NJ$2.4M · 0.42%
IT America NJ$2.3M · 0.51%
Access Healthcare LLC NJ$2.2M · 1.12%
Harrington Construction NJ$2.0M · 0.00%
Siri Info Solutions NJ$1.9M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300663698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.