Plan Ledger DOL Form 5500 · updated monthly

Coim USA, Inc.401(k)

COIM USA, INC 401(K) PROFIT SHARING PLAN & TRUST · WEST DEPTFORD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Coim USA, Inc. reported $56,918 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,398 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 0.45% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,333rd of 2,419), and 7,629th of 13,661 in manufacturing. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 138 to 156 since 2022.

Plan summary
Net assets, end of year$13,261,661
Participants with balances169
Active participants156
Employer contributions$686,113
Employee contributions$1,188,230
Employer contribution per active participant$4,398
Average account balance$78,471
Benefits paid to participants$1,131,792
Plan auditUnmodified (clean) audit opinion
AuditorFUNARO & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 169 accts · $686K emplr
2023$10.9M · 154 accts · $529K emplr
2022$8.4M · 152 accts · $450K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,918
Total administrative$56,918
The Coim USA, Inc. 401(k) match · 2024
Employer contribution per active participant$4,398
Median for plans this size$2,416
2024$4,398 per active participant
2023$3,674 per active participant
2022$3,262 per active participant

Coim USA, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$37,186
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$15,043
MORGAN STANLEY GLOBAL · Investment advisory (plan)$8,992
LEGACY RETIREMENT SOLUTIONS LLC · Contract administrator · Other services$5,697

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$56,918 · 0.47%
2023$44,636 · 0.46%
2022$39,009 · 0.45%
Same employer
Similar plansManufacturing · New Jersey
Sml (USA), Inc. NJ$13.8M · 0.59%
Colart Americas, Inc. NJ$13.7M · 0.43%
Medicago USA, Inc. NJ$12.7M · 0.27%
Ballet Makers Inc. NJ$12.6M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061626302 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.