Plan Ledger DOL Form 5500 · updated monthly

Briad Wenco, LLC401(k)

BRIAD AFFLIATED COMPANIES 401(K) PLAN · LIVINGSTON, NJ · plan year 2023

Reported admin expense ratio · 2023
0.95%

Briad Wenco, LLC reported $109,827 in plan administrative expenses for 2023: 0.95% of average plan assets, higher than ~90% of peers. 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 0.78% to 0.96%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New Jersey (1,384th of 2,419), and the 483rd of 2,240 in accommodation & food services. active participation has grown from 3,338 to 4,281 since 2022.

Plan summary
Net assets, end of year$12,296,691
Participants with balances306
Active participants4,281
Employer contributions—
Employee contributions$706,826
Employer contribution per active participant—
Average account balance$40,185
Benefits paid to participants$921,448
Plan auditDisclaimer of opinion
AuditorMSPC, CERTIFIED PUBLIC ACCOUNTANT
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 241 accts
2023$12.3M · 306 accts
2022$10.9M · 295 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$83,538
Investment management$23,345
Total administrative$109,827
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$80,780
WILMINGTON TRUST, N.A. · Investment advisory (plan)$28,024

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$113,577 · 0.96%
2023$109,827 · 0.95%
2022$93,307 · 0.78%
Similar plansAccommodation & Food Services · New Jersey
The Doherty Group, Inc. NJ$40.6M · 0.33%
Boardwalk 1000, LLC NJ$26.6M · 0.28%
Cncm, LLC NJ$12.5M · 0.75%
Pomptonian Inc. NJ$12.1M · 0.02%
Dgmb Casino, LLC NJ$12.0M · 0.94%
Nuop Corporation NJ$10.2M · 0.74%
Hotels Unlimited, Inc. NJ$9.5M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223330915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.