Plan Ledger DOL Form 5500 · updated monthly

East Coast News401(k)

EAST COAST NEWS RETIREMENT PLAN · HIGHTSTOWN, NJ · plan year 2022

Reported admin expense ratio · 2022
0.52%

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

East Coast News reported $25,947 in plan administrative expenses for 2022: 0.52% of average plan assets, above the peer median. Employer contributions averaged $213 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New Jersey (1,910th of 2,419), and 1,917th of 2,199 in information & media. In 2022, employees put in $13.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,633,196
Participants with balances88
Active participants146
Employer contributions$31,047
Employee contributions$406,927
Employer contribution per active participant$213
Average account balance$52,650
Benefits paid to participants$90,103
Plan auditUnmodified (clean) audit opinion
AuditorBARBERA & BARBERA, CPA
Administrative expenses, itemized · 2022
Investment management$106
Total administrative$25,947
The East Coast News 401(k) match · 2022
Employer contribution per active participant$213
Median for plans this size$1,114

East Coast News's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$25,947 · 0.52%
Similar plansInformation & Media · New Jersey
Peoplestrategy, Inc. NJ$6.8M · 0.55%
Leap Group Holdings, Inc. NJ$5.8M · 0.34%
Resource Logistics Inc. NJ$4.4M · 0.17%
Bravo Workforce LLC NJ$3.3M · 0.42%
Newagesys, Inc. NJ$3.0M · 0.43%
Owmn, LTD. NJ$2.3M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223456883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.