Plan Ledger DOL Form 5500 · updated monthly

Charles Komar & Sons, Inc.401(k)

CHARLES KOMAR & SONS, INC. 401(K) PLAN · JERSEY CITY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Charles Komar & Sons, Inc. reported $122,412 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $3,350 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 1 year on file its reported administrative ratio rose from 0.08% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 387th-largest of 2,419 plans among New Jersey employers on file, and the 211th of 3,341 in other services. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$96,271,964
Participants with balances898
Active participants649
Employer contributions$2,174,163
Employee contributions$4,571,063
Employer contribution per active participant$3,350
Average account balance$107,207
Benefits paid to participants$4,358,639
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$96.3M · 898 accts · $2.2M emplr
2023$82.6M · 864 accts · $2.1M emplr
2022$72.2M · 891 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,663
Investment management$59,749
Total administrative$122,412
The Charles Komar & Sons, Inc. 401(k) match · 2024
Employer contribution per active participant$3,350
Median for plans this size$3,635
2024$3,350 per active participant
2023$3,206 per active participant
2022$3,069 per active participant

Charles Komar & Sons, Inc.'s 2024 employer contribution ran below the $3,635 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$62,663
RBC WEALTH MANAGEMENT · Investment advisory (plan)$59,749

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$122,412 · 0.14%
2023$61,896 · 0.08%
2022Not separately reported
Same employer
Similar plansOther Services · New Jersey
Itpeu Pension Fund NJ$172.4M · 1.27%
Thanexus, Inc. NJ$125.4M · 0.18%
GS1 US, Inc. NJ$101.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135661752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.