Plan Ledger DOL Form 5500 · updated monthly

Eastern Lift Truck Co., Inc.401(k)

EASTERN LIFT TRUCK CO., INC. 401(K) RETIREMENT PLAN · MAPLE SHADE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Eastern Lift Truck Co., Inc. reported $32,125 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $868 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 0.04% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 461st-largest of 2,419 plans among New Jersey employers on file, and the 586th of 4,246 in wholesale trade. In 2024, employees put in $6.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$70,598,977
Participants with balances1,345
Active participants1,213
Employer contributions$1,052,808
Employee contributions$6,525,425
Employer contribution per active participant$868
Average account balance$52,490
Benefits paid to participants$5,951,038
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$70.6M · 1,345 accts · $1.1M emplr
2023$60.9M · 1,230 accts · $1.0M emplr
2022$49.2M · 1,161 accts · $880K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,125
Total administrative$32,125
The Eastern Lift Truck Co., Inc. 401(k) match · 2024
Employer contribution per active participant$868
Median for plans this size$3,635
2024$868 per active participant
2023$857 per active participant
2022$761 per active participant

Eastern Lift Truck Co., Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,125

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$32,125 · 0.05%
2023$28,919 · 0.05%
2022$23,347 · 0.04%
Same employer
Similar plansWholesale Trade · New Jersey
Gellert Global Group NJ$85.3M · 0.70%
Gusmer Enterprises, Inc. NJ$74.9M · 0.10%
Stephen Gould Corporation NJ$74.5M · 0.11%
Proximo Spirits Inc. NJ$72.0M · 0.11%
Casio America, Inc. NJ$69.8M · 0.00%
Delta Galil USA, Inc. NJ$64.4M · 0.43%
Safilo USA, Inc. NJ$61.6M · 0.24%
Porky Products, Inc. NJ$60.7M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221949798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.