Plan Ledger DOL Form 5500 · updated monthly

Englewood Lab Inc.401(k)

ENGLEWOOD LAB INC. 401(K) PROFIT SHARING PLAN AND TRUST · TOTOWA, NJ · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Englewood Lab Inc. reported $15,456 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,860 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 0.27% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,796th of 2,419), and 10,547th of 13,661 in manufacturing. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has grown from 128 to 159 since 2022.

Plan summary
Net assets, end of year$6,256,430
Participants with balances182
Active participants159
Employer contributions$295,695
Employee contributions$703,996
Employer contribution per active participant$1,860
Average account balance$34,376
Benefits paid to participants$193,675
Plan auditUnmodified (clean) audit opinion
AuditorPNJK PARTNERS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 182 accts · $296K emplr
2023$4.5M · 123 accts · $273K emplr
2022$3.3M · 121 accts · $279K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,256
Investment management$13,200
Total administrative$15,456
The Englewood Lab Inc. 401(k) match · 2024
Employer contribution per active participant$1,860
Median for plans this size$1,313
2024$1,860 per active participant
2023$1,854 per active participant
2022$2,177 per active participant

Englewood Lab Inc.'s 2024 employer contribution ran above the $1,313 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
SNOWDEN CAPITAL ADVISORS · Recordkeeping · Trustee$13,200
ADP, INC. · Loan processing · Recordkeeping$2,255

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, SNOWDEN CAPITAL ADVISORS
2023ADP, SNOWDEN CAPITAL ADVISORS

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

Administrative cost history3
2024$15,456 · 0.29%
2023$11,420 · 0.29%
2022$8,633 · 0.27%
Same employer
Similar plansManufacturing · New Jersey
Central Mills, Inc. NJ$6.3M · 0.38%
Burger Maker, Inc. NJ$6.3M · 0.56%
Appliance Replacement Inc NJ$6.3M · 0.24%
Access Bio Inc NJ$6.1M · 0.05%
Northeast Precast, LLC NJ$6.1M · 0.70%
Bridor USA Inc. NJ$5.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474857202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.