Plan Ledger DOL Form 5500 · updated monthly

Cedar Health Group LLC401(k)

CEDAR HEALTH GROUP LLC 401K PLAN · LAKEWOOD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Cedar Health Group LLC reported $36,531 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $26 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 fell from 0.94% to 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,919th of 2,419), and 8,186th of 11,911 in health care & social assistance. In 2024, employees put in $36.78 for every $1.00 the employer contributed; active participation has grown from 352 to 503 since 2022.

Plan summary
Net assets, end of year$4,555,576
Participants with balances177
Active participants503
Employer contributions$13,081
Employee contributions$481,123
Employer contribution per active participant$26
Average account balance$25,738
Benefits paid to participants$573,467
Plan auditDisclaimer of opinion
AuditorGGM ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 177 accts · $13K emplr
2023$4.2M · 178 accts · $48K emplr
2022$3.7M · 190 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,661
Investment management$10,870
Total administrative$36,531
The Cedar Health Group LLC 401(k) match · 2024
Employer contribution per active participant$26
Median for plans this size$1,313
2024$26 per active participant
2023$119 per active participant

Cedar Health Group LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
JOHN HANCOCK · Recordkeeping · Loan processing$26,216
UNITED PLANNERS' FINANCIAL SERVICES · Investment advisory (plan)$10,316

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,531 · 0.84%
2023$41,510 · 1.06%
2022$38,548 · 0.94%
Similar plansHealth Care & Social Assistance · New Jersey
Job Haines Home NJ$4.7M · 0.23%
Community Hope, Inc. NJ$4.5M · 0.01%
Little Hill Foundation NJ$4.4M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851770735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.