Plan Ledger DOL Form 5500 · updated monthly

Career Opportunity Development, Inc.401(k)

CODI 401(K) RETIREMENT PLAN · EGG HARBOR CITY, NJ · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

Career Opportunity Development, Inc. reported $2,920 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. Employer contributions averaged $641 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 other services employers. By assets it is among the smaller plans on file in New Jersey (2,228th of 2,419), and 3,058th of 3,341 in other services. In 2022, employees put in $1.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,070,442
Participants with balances47
Active participants109
Employer contributions$69,879
Employee contributions$84,205
Employer contribution per active participant$641
Average account balance$22,775
Benefits paid to participants$80,197
Plan auditUnmodified (clean) audit opinion
AuditorFORD SCOTT AND ASSOCAITES
Administrative expenses, itemized · 2022
Investment management$2,920
Total administrative$2,920
The Career Opportunity Development, Inc. 401(k) match · 2022
Employer contribution per active participant$641
Median for plans this size$1,114

Career Opportunity Development, Inc.'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$2,920 · 0.26%
Similar plansOther Services · New Jersey
Ennoble Care LLC NJ$2.6M · 1.20%
Local 143 Annuity Fund NJ$2.0M · 2.09%
Pennreach Inc NJ$1.0M · 0.24%
Wilson Parts Group LLC NJ$903K · 1.26%
Sp-Hs, LLC NJ$582K · 1.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237073173 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.