Plan Ledger DOL Form 5500 · updated monthly

Coyne Public Relations401(k)

COYNE PUBLIC RELATIONS 401(K) PLAN · PARSIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Coyne Public Relations reported $6,692 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,520 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 0.05% to 0.03%. 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 1,012th-largest of 2,419 plans among New Jersey employers on file, and the 5,171st of 11,654 in professional & technical services. In 2024, employees put in $3.51 for every $1.00 the employer contributed; active participation has shrunk from 189 to 143 since 2022.

Plan summary
Net assets, end of year$22,197,853
Participants with balances195
Active participants143
Employer contributions$360,407
Employee contributions$1,265,395
Employer contribution per active participant$2,520
Average account balance$113,835
Benefits paid to participants$837,714
Plan auditUnmodified (clean) audit opinion
AuditorGELTRUDE AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 195 accts · $360K emplr
2023$18.9M · 246 accts · $385K emplr
2022$15.5M · 253 accts · $361K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,150
Investment management$4,342
Total administrative$6,692
The Coyne Public Relations 401(k) match · 2024
Employer contribution per active participant$2,520
Median for plans this size$2,416
2024$2,520 per active participant
2023$2,279 per active participant
2022$1,911 per active participant

Coyne Public Relations's 2024 employer contribution ran above 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 · 20241
PRIME PENSIONS, INC. · Other servicesindirect comp

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$6,692 · 0.03%
2023$6,620 · 0.04%
2022$9,174 · 0.05%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Micro Strategies, Inc NJ$22.9M · 0.48%
Pashman & Stein, PC NJ$22.5M · 0.11%
National Microrentals, Inc NJ$22.5M · 0.12%
Lg Cns America Inc NJ$22.4M · 0.02%
Visionet Systems Inc NJ$21.7M · 0.56%
Specialty Systems Inc. NJ$21.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223776518 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.