Plan Ledger DOL Form 5500 · updated monthly

Budd van Lines, Inc.401(k)

BUDD VAN LINES, INC. SAVINGS AND RETIREMENT PLAN · SOMERSET, NJ · plan year 2024

Reported admin expense ratio · 2024
0.19%

Budd van Lines, Inc. reported $17,768 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% 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 3 years on file its reported administrative ratio has held roughly steady near 0.191%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (1,514th of 2,419), and the 1,162nd of 2,677 in transportation & warehousing. active participation has shrunk from 217 to 168 since 2022.

Plan summary
Net assets, end of year$9,952,570
Participants with balances155
Active participants168
Employer contributions—
Employee contributions$462,091
Employer contribution per active participant—
Average account balance$64,210
Benefits paid to participants$452,571
Plan auditUnmodified (clean) audit opinion
AuditorSAX LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 155 accts
2023$8.7M · 158 accts
2022$7.7M · 166 accts · $495K emplr
Administrative expenses, itemized · 2024
Investment management$17,768
Total administrative$17,768
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 · 20241
CMC ADVISORS · Investment advisory (plan)$13,728

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$17,768 · 0.19%
2023$16,178 · 0.20%
2022$15,672 · 0.19%
Same employer
Similar plansTransportation & Warehousing · New Jersey
Crown Pacific, Inc. NJ$10.5M · 0.48%
Lx Pantos USA, Inc. NJ$10.5M · 0.24%
Lx Pantos USA, Inc. NJ$10.5M · 0.24%
Langer Industries, Inc. NJ$9.5M · 0.09%
Rdtx Transportation Inc. NJ$8.5M · 0.02%
Rpm Employers 401K Plan NJ$7.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222068529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.