Plan Ledger DOL Form 5500 · updated monthly

Control Point Associates, Inc.401(k)

CONTROL POINT ASSOCIATES, INC. 401(K) PLAN · WARREN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Control Point Associates, Inc. reported $84,467 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,019 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 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,131st-largest of 2,419 plans among New Jersey employers on file, and 5,973rd of 11,654 in professional & technical services. In 2024, employees put in $3.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,756,412
Participants with balances230
Active participants193
Employer contributions$389,752
Employee contributions$1,202,279
Employer contribution per active participant$2,019
Average account balance$77,202
Benefits paid to participants$787,266
Plan auditUnmodified (clean) audit opinion
AuditorSAX, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 230 accts · $390K emplr
2023$14.4M · 243 accts · $416K emplr
2022$10.7M · 254 accts · $397K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,735
Investment management$37,732
Audit (IQPA)$18,000
Total administrative$84,467
The Control Point Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$2,019
Median for plans this size$2,416
2024$2,019 per active participant
2023$2,102 per active participant
2022$1,871 per active participant

Control Point Associates, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$37,732
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,735
WISS · Accounting / audit$18,000

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$84,467 · 0.53%
2023$70,624 · 0.56%
2022$48,603 · 0.45%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Psychogenics Inc. NJ$18.3M · 0.35%
Neuraflash, LLC NJ$18.0M · 0.03%
Asembia, LLC NJ$17.8M · 0.61%
Ih Engineers, PC NJ$17.7M · 0.40%
Axis Analytics, LLC NJ$17.7M · 0.41%
Citiustech, Inc. NJ$17.4M · 0.83%
Inflexionpoint NJ$17.3M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223174930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.