Plan Ledger DOL Form 5500 · updated monthly

Caregility Corporation401(k)

CAREGILITY 401(K) PLAN · EATONTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Caregility Corporation reported $2,075 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,600 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.

Across the 2 years on file its reported administrative ratio rose from 0.00% to 0.02%. 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 among the smaller plans on file in New Jersey (1,273rd of 2,419), and 6,692nd of 11,654 in professional & technical services. In 2024, employees put in $4.95 for every $1.00 the employer contributed; active participation has shrunk from 149 to 109 since 2022.

Plan summary
Net assets, end of year$14,530,467
Participants with balances147
Active participants109
Employer contributions$283,422
Employee contributions$1,401,635
Employer contribution per active participant$2,600
Average account balance$98,847
Benefits paid to participants$437,695
Plan auditUnmodified (clean) audit opinion
AuditorBARNES WENDLING CPAS INC
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 147 accts · $283K emplr
2023$11.3M · 152 accts · $308K emplr
2022$8.2M · 150 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,075
Total administrative$2,075
The Caregility Corporation 401(k) match · 2024
Employer contribution per active participant$2,600
Median for plans this size$2,416
2024$2,600 per active participant
2023$2,543 per active participant
2022$844 per active participant

Caregility Corporation's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,075
SANCTUARY SECURITIES INCindirect comp

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$2,075 · 0.02%
2023$1,506 · 0.02%
2022$400 · 0.00%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Genesis Research LLC NJ$14.7M · 0.27%
Burlington Automotive Group NJ$14.6M · 0.29%
Swk Technologies NJ$14.6M · 0.42%
Exzac, Inc. NJ$14.5M · 0.09%
Northstar Vets NJ$14.4M · 0.49%
Eteam Inc. NJ$14.3M · 1.37%
E.I. Associates Group, Inc. NJ$14.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841806604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.