Plan Ledger DOL Form 5500 · updated monthly

Canoe Brook Country Club401(k)

CANOE BROOK COUNTRY CLUB 401(K) RETIREMENT PLAN · SUMMIT, NJ · plan year 2022

Reported admin expense ratio · 2022
0.50%

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

Canoe Brook Country Club reported $26,476 in plan administrative expenses for 2022: 0.50% of average plan assets, above the peer median. Employer contributions averaged $988 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 arts, entertainment & recreation employers. By assets it is among the smaller plans on file in New Jersey (1,892nd of 2,419), and 944th of 1,311 in arts, entertainment & recreation. In 2022, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,803,391
Participants with balances62
Active participants144
Employer contributions$142,235
Employee contributions$279,209
Employer contribution per active participant$988
Average account balance$77,474
Benefits paid to participants$362,740
Plan auditUnmodified (clean) audit opinion
AuditorCONDON O'MEARA MCGINTY DONNELLY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$26,476
Total administrative$26,476
The Canoe Brook Country Club 401(k) match · 2022
Employer contribution per active participant$988
Median for plans this size$1,114

Canoe Brook Country Club's 2022 employer contribution ran below 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$26,476 · 0.50%
Similar plansArts, Entertainment & Recreation · New Jersey
Evolution US, LLC NJ$5.6M · 6.87%
Hillside (New Jersey) LLC NJ$5.1M · 1.08%
Snow Partners LLC NJ$3.6M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 220805690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.