Plan Ledger DOL Form 5500 · updated monthly

Datacor, Inc.401(k)

DATACOR, INC. 401(K) PLAN · FLORHAM PARK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Datacor, Inc. reported $141,071 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $6,371 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 0.29% to 0.31%. 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 563rd-largest of 2,419 plans among New Jersey employers on file, and the 2,692nd of 11,654 in professional & technical services. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 193 to 275 since 2022.

Plan summary
Net assets, end of year$51,680,450
Participants with balances315
Active participants275
Employer contributions$1,751,945
Employee contributions$3,196,499
Employer contribution per active participant$6,371
Average account balance$164,065
Benefits paid to participants$721,749
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.7M · 315 accts · $1.8M emplr
2023$39.9M · 263 accts · $1.4M emplr
2022$29.1M · 222 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,681
Investment management$53,390
Total administrative$141,071
The Datacor, Inc. 401(k) match · 2024
Employer contribution per active participant$6,371
Median for plans this size$2,416
2024$6,371 per active participant
2023$6,082 per active participant
2022$5,622 per active participant

Datacor, 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$87,681
J.P. MORGAN SECURITIES LLC · Investment advisory (plan)$53,383
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$141,071 · 0.31%
2023$101,259 · 0.29%
2022$87,276 · 0.29%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Boswell Engineering, Inc. NJ$53.9M · 0.03%
Ferolie Corporation NJ$53.5M · 0.20%
York Telecom Corporation NJ$50.5M · 0.01%
Axtria Inc NJ$50.5M · 0.23%
Composecure, LLC NJ$48.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222363717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.