Plan Ledger DOL Form 5500 · updated monthly

Collabera, Inc.401(k)

COLLABERA 401(K) PLAN · BASKING RIDGE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Collabera, Inc. reported $207,243 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $286 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 0.20% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 365th-largest of 2,419 plans among New Jersey employers on file, and the 1,473rd of 11,654 in professional & technical services. In 2024, employees put in $13.53 for every $1.00 the employer contributed; active participation has shrunk from 5,019 to 3,480 since 2022.

Plan summary
Net assets, end of year$102,594,536
Participants with balances2,039
Active participants3,480
Employer contributions$995,349
Employee contributions$13,471,371
Employer contribution per active participant$286
Average account balance$50,316
Benefits paid to participants$17,837,975
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$102.6M · 2,039 accts · $995K emplr
2023$87.2M · 2,124 accts
2022$68.9M · 2,105 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$139,404
Investment management$49,989
Audit (IQPA)$17,850
Total administrative$207,243
The Collabera, Inc. 401(k) match · 2024
Employer contribution per active participant$286
Median for plans this size$3,635

Collabera, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$139,404
WELLS FARGO ADVISORS · Investment advisory (plan)$49,989
COHNREZNICK LLP · Accounting / audit · Contract administrator$17,850

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$207,243 · 0.22%
2023$175,305 · 0.22%
2022$152,795 · 0.20%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Zensar Technologies, Inc. NJ$109.3M · 0.04%
Buck Global, LLC NJ$108.2M · 0.12%
Icims NJ$105.6M · 0.16%
T & M Associates NJ$103.0M · 0.08%
Shionogi, Inc. NJ$101.8M · 0.06%
Certara USA, Inc. NJ$99.8M · 0.15%
Coforge Limited NJ$99.4M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223093525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.