Plan Ledger DOL Form 5500 · updated monthly

Canonical USA401(k)

CANONICAL USA 401(K) PROFIT SHARING PLAN & TRUST · EATONTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.30%

Canonical USA reported $66,181 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. 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 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 958th-largest of 2,419 plans among New Jersey employers on file, and the 4,927th of 11,654 in professional & technical services. active participation has grown from 190 to 219 since 2022.

Plan summary
Net assets, end of year$23,842,960
Participants with balances296
Active participants219
Employer contributions—
Employee contributions$2,567,917
Employer contribution per active participant—
Average account balance$80,551
Benefits paid to participants$2,140,726
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH AND BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 296 accts
2023$20.1M · 260 accts
2022$15.6M · 255 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,758
Investment management$55,423
Total administrative$66,181
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 · 20242
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Participant communication$10,758
TRIOLOGY CAPITAL, INC. · Investment advisory (participants) · Investment advisory (plan)$55,423

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

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Administrative cost history3
2024$66,181 · 0.30%
2023$54,007 · 0.30%
2022$49,189 · 0.29%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Carecloud, Inc. NJ$24.5M · 0.39%
Metrixlab US Inc NJ$24.1M · 0.14%
Hillmann Consulting, LLC NJ$23.9M · 0.62%
Hill Wallack LLP NJ$23.9M · 0.61%
Prime Pensions, Inc. NJ$23.8M · 0.23%
Chinook Therapeutics, Inc. NJ$23.8M · 0.05%
Labvantage Solutions, Inc NJ$23.8M · 0.01%
Sovereign Consulting Inc. NJ$23.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261194348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.