Plan Ledger DOL Form 5500 · updated monthly

E-Z Staffing Inc.401(k)

THE GROUP DEFINED CONTRIBUTION PLAN · LEBANON, NJ · plan year 2024

Reported admin expense ratio · 2024
1.62%

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

E-Z Staffing Inc. reported $168,758 in plan administrative expenses for 2024: 1.62% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,901 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 1.47% to 1.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Jersey (1,449th of 2,419), and the 941st of 2,534 in administrative & support services. In 2024, the employer put in $3.95 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$11,150,336
Participants with balances501
Active participants166
Employer contributions$481,554
Employee contributions$121,811
Employer contribution per active participant$2,901
Average account balance$22,256
Benefits paid to participants$282,471
Plan auditUnmodified (clean) audit opinion
AuditorGARY S. MOSCOWITZ, PC
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 501 accts · $482K emplr
2023$9.6M · 486 accts · $479K emplr
2022$8.2M · 463 accts · $362K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,302
Investment management$104,456
Audit (IQPA)$30,500
Total administrative$168,758
The E-Z Staffing Inc. 401(k) match · 2024
Employer contribution per active participant$2,901
Median for plans this size$2,416
2024$2,901 per active participant
2023$2,906 per active participant
2022$2,260 per active participant

E-Z Staffing Inc.'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 · 20243
GARY MOSCOWITZ, PC · Accounting / audit$30,500
INTAC ACTUARIAL SERVICES, INC. · Actuarial$22,000
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$9,302

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$168,758 · 1.62%
2023$159,700 · 1.79%
2022$133,188 · 1.47%
Similar plansAdministrative & Support Services · New Jersey
Allan Industries, Inc. NJ$14.4M · 0.74%
Nest International, Inc. NJ$11.7M · 0.49%
Terracycle, Inc. NJ$7.9M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465523368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.