Plan Ledger DOL Form 5500 · updated monthly

Edgewood Properties, Inc.401(k)

EDGEWOOD PROPERTIES 401(K) PLAN · PISCATAWAY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Edgewood Properties, Inc. reported $69,505 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $292 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 0.88% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New Jersey (1,510th of 2,419), and 3,096th of 5,337 in construction. In 2024, employees put in $10.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,988,347
Participants with balances204
Active participants368
Employer contributions$107,519
Employee contributions$1,133,841
Employer contribution per active participant$292
Average account balance$48,962
Benefits paid to participants$322,247
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 204 accts · $108K emplr
2023$7.9M · 198 accts · $99K emplr
2022$8.1M · 200 accts · $97K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,700
Investment management$34,805
Total administrative$69,505
The Edgewood Properties, Inc. 401(k) match · 2024
Employer contribution per active participant$292
Median for plans this size$1,313
2024$292 per active participant
2023$265 per active participant
2022$250 per active participant

Edgewood Properties, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
AXA ADVISORS, LLC · Recordkeeping · Trustee$34,805
ADP, INC. · Loan processing · Recordkeeping$34,698

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

Recordkeeper by year2
2024ADP, AXA ADVISORS, LLC
2023ADP, AXA ADVISORS, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$69,505 · 0.78%
2023$63,272 · 0.79%
2022$80,850 · 0.88%
Same employer
Similar plansConstruction · New Jersey
Jottan, Inc. NJ$12.1M · 0.78%
Verrex LLC NJ$11.2M · 0.31%
Salomone Bros., Inc. NJ$10.4M · 0.02%
Tristrux LLC NJ$9.9M · 1.02%
Woodmont Properties LLC NJ$9.3M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223151865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.