Plan Ledger DOL Form 5500 · updated monthly

Ennoble Care LLC401(k)

ENNOBLE CARE LLC 401(K) PROFIT SHARING PLAN & TRUST · HACKENSACK, NJ · plan year 2024

Reported admin expense ratio · 2024
1.20%

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

Ennoble Care LLC reported $23,103 in plan administrative expenses for 2024: 1.20% of average plan assets, higher than ~75% of peers. Employer contributions averaged $602 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 0.99% to 1.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New Jersey (2,088th of 2,419), and 2,747th of 3,341 in other services. In 2024, employees put in $2.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,578,958
Participants with balances200
Active participants555
Employer contributions$334,126
Employee contributions$907,495
Employer contribution per active participant$602
Average account balance$12,895
Benefits paid to participants$184,310
Plan auditUnmodified (clean) audit opinion
AuditorHOLMAN FRENIA ALLISON, PC
Plan history2
Yearassets · accounts · employer contribution
2024$2.6M · 200 accts · $334K emplr
2022$494K · 62 accts · $106K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,243
Trustee / custodial$860
Total administrative$23,103
The Ennoble Care LLC 401(k) match · 2024
Employer contribution per active participant$602
Median for plans this size$1,313
2024$602 per active participant
2022$806 per active participant

Ennoble Care LLC'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
PAYCHEX, INC. · Recordkeeping$15,987
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$6,425

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

Administrative cost history2
2024$23,103 · 1.20%
2022$4,904 · 0.99%
Similar plansOther Services · New Jersey
Faps, Inc. NJ$3.4M · 0.99%
Tr Spa Inc NJ$2.7M · 1.57%
Local 143 Annuity Fund NJ$2.0M · 2.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872063911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.