Plan Ledger DOL Form 5500 · updated monthly

E.T. Browne Drug Co., Inc401(k)

E.T. BROWNE DRUG CO., INC 401(K) PLAN · ENGLEWOOD CLIFFS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

E.T. Browne Drug Co., Inc reported $46,471 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $839 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 0.14% to 0.18%. 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 881st-largest of 2,419 plans among New Jersey employers on file, and the 4,818th of 13,661 in manufacturing. In 2024, employees put in $5.06 for every $1.00 the employer contributed; active participation has grown from 258 to 296 since 2022.

Plan summary
Net assets, end of year$27,336,645
Participants with balances180
Active participants296
Employer contributions$248,218
Employee contributions$1,256,872
Employer contribution per active participant$839
Average account balance$151,870
Benefits paid to participants$511,800
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 180 accts · $248K emplr
2023$23.3M · 178 accts · $217K emplr
2022$20.2M · 184 accts · $212K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,471
Total administrative$46,471
The E.T. Browne Drug Co., Inc 401(k) match · 2024
Employer contribution per active participant$839
Median for plans this size$2,416
2024$839 per active participant
2023$779 per active participant
2022$820 per active participant

E.T. Browne Drug Co., Inc's 2024 employer contribution ran below the $2,416 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$38,736

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$46,471 · 0.18%
2023$35,753 · 0.16%
2022$30,353 · 0.14%
Similar plansManufacturing · New Jersey
Siegfried (USA), LLC NJ$27.9M · 0.07%
Marcal Manufacturing, LLC NJ$26.6M · 0.81%
United Envelope, LLC NJ$26.0M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 221926615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.