Plan Ledger DOL Form 5500 · updated monthly

Edison Properties, LLC401(k)

EDISON PROPERTIES, LLC 401(K) PLAN · NEWARK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Edison Properties, LLC reported $69,681 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,843 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 0.18% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 526th-largest of 2,419 plans among New Jersey employers on file, and the 247th of 2,096 in real estate & leasing. In 2024, employees put in $3.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,261,551
Participants with balances506
Active participants310
Employer contributions$571,479
Employee contributions$2,063,186
Employer contribution per active participant$1,843
Average account balance$115,141
Benefits paid to participants$7,391,274
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.3M · 506 accts · $571K emplr
2023$54.8M · 552 accts · $565K emplr
2022$48.9M · 564 accts · $524K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,681
Total administrative$69,681
The Edison Properties, LLC 401(k) match · 2024
Employer contribution per active participant$1,843
Median for plans this size$3,635
2024$1,843 per active participant
2023$1,835 per active participant
2022$1,697 per active participant

Edison Properties, LLC'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 · 20242
BFSG LLC$25,000

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$69,681 · 0.12%
2023$91,525 · 0.18%
2022$106,832 · 0.18%
Same employer
Similar plansReal Estate & Leasing · New Jersey
The Hartz Group, Inc. NJ$103.4M · 0.22%
Trac Intermodal NJ$95.3M · 0.18%
Veris Residential, Inc. NJ$58.5M · 0.13%
M. Management, Inc. NJ$51.6M · 0.24%
Umh Properties, Inc. NJ$34.2M · 0.64%
Ue Management LLC NJ$32.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223442322 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.