Plan Ledger DOL Form 5500 · updated monthly

Equiliem, Inc.401(k)

EQUILIEM, INC. 401(K) PLAN · EAST BRUNSWICK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Equiliem, Inc. reported $8,561 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $63 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 0.04% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,146th-largest of 2,419 plans among New Jersey employers on file, and the 691st of 2,534 in administrative & support services. In 2024, employees put in $11.11 for every $1.00 the employer contributed; active participation has grown from 2,629 to 3,248 since 2022.

Plan summary
Net assets, end of year$17,241,254
Participants with balances409
Active participants3,248
Employer contributions$204,240
Employee contributions$2,268,786
Employer contribution per active participant$63
Average account balance$42,155
Benefits paid to participants$1,611,530
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN & CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 409 accts · $204K emplr
2023$14.1M · 314 accts · $117K emplr
2022$11.4M · 240 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,900
Investment management$573
Total administrative$8,561
The Equiliem, Inc. 401(k) match · 2024
Employer contribution per active participant$63
Median for plans this size$2,416
2024$63 per active participant
2023$436 per active participant
2022$48 per active participant

Equiliem, Inc.'s 2024 employer contribution ran below the $2,416 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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$7,761
MMA SECURITIES LLCindirect comp

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$8,561 · 0.05%
2023$6,200 · 0.05%
2022$4,550 · 0.04%
Similar plansAdministrative & Support Services · New Jersey
Astrix Technology, LLC NJ$21.8M · 0.52%
Corporate Mailings Inc NJ$17.7M · 0.06%
Freehold Cartage, Inc. NJ$17.0M · 0.07%
Alpha Consulting LLC NJ$15.6M · 0.63%
Atlas Data Systems, LLC NJ$15.1M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223367209 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.