Plan Ledger DOL Form 5500 · updated monthly

Consarc Corporation401(k)

CONSARC CORP PROFIT SHARING TRUST · RANCOCAS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Consarc Corporation reported $91,939 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $11,956 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 0.55% to 0.27%. 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 the 735th-largest of 2,419 plans among New Jersey employers on file, and the 4,016th of 13,661 in manufacturing. In 2024, the employer put in $2.59 for every $1.00 employees contributed themselves; active participation has grown from 86 to 107 since 2022.

Plan summary
Net assets, end of year$35,244,952
Participants with balances148
Active participants107
Employer contributions$1,279,292
Employee contributions$493,964
Employer contribution per active participant$11,956
Average account balance$238,142
Benefits paid to participants$2,638,603
Plan auditUnmodified (clean) audit opinion
AuditorMCCLAIN, SMITHAND WEN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$35.2M · 148 accts · $1.3M emplr
2023$31.9M · 126 accts · $1.1M emplr
2022$28.0M · 116 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,639
Investment management$70,300
Audit (IQPA)$13,000
Total administrative$91,939
The Consarc Corporation 401(k) match · 2024
Employer contribution per active participant$11,956
Median for plans this size$2,416
2024$11,956 per active participant
2023$11,602 per active participant
2022$12,592 per active participant

Consarc Corporation'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 · 20245
JANNEY MONTGOMERY SCOTT LLC · Investment advisory (plan)$56,852
MCCLAIN SMITH & WENZ PC · Accounting / audit$13,000
LPL FINANCIAL · Investment advisory (plan)$11,294
EMPOWER ADVISORY GROUP, LLC · Investment management$2,154

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$91,939 · 0.27%
2023$62,408 · 0.21%
2022$169,621 · 0.55%
Similar plansManufacturing · New Jersey
The Echo Design Group, Inc. NJ$36.1M · 0.38%
Audiocodes, Inc. NJ$35.4M · 0.37%
Diy Media Group, Inc. NJ$34.7M · 0.06%
Harris Freeman & Co., Inc. NJ$34.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210736170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.