Plan Ledger DOL Form 5500 · updated monthly

Designer Greetings Inc401(k)

DESIGNER GREETINGS INC. 401K PLAN · EDISON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Designer Greetings Inc reported $40,514 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $254 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 3 years on file its reported administrative ratio has held roughly steady near 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,625th of 2,419), and 3,134th of 4,246 in wholesale trade. In 2024, employees put in $11.87 for every $1.00 the employer contributed; active participation has grown from 157 to 188 since 2022.

Plan summary
Net assets, end of year$8,472,057
Participants with balances139
Active participants188
Employer contributions$47,662
Employee contributions$565,526
Employer contribution per active participant$254
Average account balance$60,950
Benefits paid to participants$928,005
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 139 accts · $48K emplr
2023$7.7M · 132 accts · $38K emplr
2022$6.3M · 130 accts · $39K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,790
Investment management$38,724
Total administrative$40,514
The Designer Greetings Inc 401(k) match · 2024
Employer contribution per active participant$254
Median for plans this size$1,313
2024$254 per active participant
2023$201 per active participant
2022$246 per active participant

Designer Greetings Inc's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
PRINCIPLED ADVISORS, INC. · Recordkeeping · Trustee$38,724
ADP, INC. · Loan processing · Recordkeeping$1,790
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, PRINCIPLED ADVISORS, INC.
2023ADP, PRINCIPLED ADVISORS, INC.

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Administrative cost history3
2024$40,514 · 0.50%
2023$34,714 · 0.50%
2022$33,906 · 0.51%
Similar plansWholesale Trade · New Jersey
Ksi Trading Corp. NJ$8.5M · 0.05%
Charmant USA Inc. NJ$8.3M · 0.34%
Grand Bk Corporation NJ$8.2M · 1.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133117629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.