Plan Ledger DOL Form 5500 · updated monthly

Ecg401(k)

ECG 401(K) PROFIT SHARING PLAN & TRUST · ELIZABETH, NJ · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Ecg reported $64,174 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,464 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 fell from 0.54% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,097th-largest of 2,419 plans among New Jersey employers on file, and the 761st of 2,677 in transportation & warehousing. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has shrunk from 326 to 287 since 2022.

Plan summary
Net assets, end of year$19,277,709
Participants with balances316
Active participants287
Employer contributions$707,217
Employee contributions$1,323,344
Employer contribution per active participant$2,464
Average account balance$61,005
Benefits paid to participants$811,686
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 316 accts · $707K emplr
2023$15.9M · 317 accts · $653K emplr
2022$13.1M · 338 accts · $684K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,606
Investment management$34,708
Trustee / custodial$860
Total administrative$64,174
The Ecg 401(k) match · 2024
Employer contribution per active participant$2,464
Median for plans this size$2,416
2024$2,464 per active participant
2023$2,399 per active participant
2022$2,099 per active participant

Ecg'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 · 20242
PAYCHEX, INC. · Recordkeeping$25,286
PFS PARTNERS LLC · Investment advisory (participants)$34,708

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

Recordkeeper by year2
2024Paychex
2023ERISA FIDUCIARY SERVICES, INC., PFS PARTNERS LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Ecg before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$64,174 · 0.36%
2023$66,134 · 0.46%
2022$74,563 · 0.54%
Same employer
Similar plansTransportation & Warehousing · New Jersey
Port Imperial Ferry Corp. NJ$16.4M · 0.29%
System Freight, Inc. NJ$15.2M · 0.71%
Hermann Services, Inc. NJ$15.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421735029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.