Plan Ledger DOL Form 5500 · updated monthly

Collagen Matrix Inc401(k)

COLLAGEN MATRIX INC 401(K) PROFIT SHARING PLAN & TRUST · OAKLAND, NJ · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Collagen Matrix Inc reported $860 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,853 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 0.007% to 0.007%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,285th of 2,419), and the 4,616th of 11,911 in health care & social assistance. In 2024, employees put in $1.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,316,347
Participants with balances378
Active participants182
Employer contributions$883,287
Employee contributions$910,198
Employer contribution per active participant$4,853
Average account balance$37,874
Benefits paid to participants$898,865
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 378 accts · $883K emplr
2023$11.4M · 375 accts · $819K emplr
2022$9.2M · 363 accts · $673K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$860
Total administrative$860
The Collagen Matrix Inc 401(k) match · 2024
Employer contribution per active participant$4,853
Median for plans this size$2,416
2024$4,853 per active participant
2023$4,475 per active participant
2022$3,364 per active participant

Collagen Matrix 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 · 20242
PAYCHEX, INC. · Recordkeeping$24,610
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan)$31,579

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

Recordkeeper by year2
2024Paychex
2023LEVELIZED COMPENSATION ADVISOR, Paychex

This plan has changed recordkeepers within these filings. If you left Collagen Matrix Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$860 · 0.01%
2023$672 · 0.01%
2022$745 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Eye Centers of America, LLC NJ$15.1M · 0.58%
Sportscare Institute Inc. NJ$14.2M · 0.67%
Twin Boro Management, LLC NJ$14.2M · 0.44%
Allies Inc. NJ$13.8M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223513886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.