Plan Ledger DOL Form 5500 · updated monthly

Cape Management Company LLC401(k)

CAPE MANAGEMENT COMPANY LLC 401(K) PROFIT SHARING PLAN TRUST · CAPE MAY, NJ · plan year 2022

Reported admin expense ratio · 2022
0.90%

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

Cape Management Company LLC reported $4,855 in plan administrative expenses for 2022: 0.90% of average plan assets, above the peer median. Employer contributions averaged $285 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New Jersey (2,297th of 2,419), and 1,909th of 2,240 in accommodation & food services. In 2022, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$504,286
Participants with balances45
Active participants156
Employer contributions$44,434
Employee contributions$72,533
Employer contribution per active participant$285
Average account balance$11,206
Benefits paid to participants$88,053
Plan auditUnmodified (clean) audit opinion
AuditorFORD SCOTT AND ASSOCIATES LLC
The Cape Management Company LLC 401(k) match · 2022
Employer contribution per active participant$285
Median for plans this size$331

Cape Management Company LLC's 2022 employer contribution ran below the $331 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$4,855 · 0.90%
Similar plansAccommodation & Food Services · New Jersey
Natc Donuts Inc NJ$703K · 0.52%
Parade Enterprises, LLC NJ$566K · 0.96%
Aj Foods, Inc. NJ$530K · 0.62%
Butler Hospitality NJ$383K · 8.35%
Pcf Restaurant Group LLC NJ$273K · 10.18%
Jabbo Inc NJ$160K · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223747875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.