Plan Ledger DOL Form 5500 · updated monthly

Erg Holding Company, LLC401(k)

ERG EMPLOYEE 401(K) PLAN · NEW PROVIDENCE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Erg Holding Company, LLC reported $112,889 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,715 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 0.56% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,078th-largest of 2,419 plans among New Jersey employers on file, and the 5,532nd of 11,654 in professional & technical services. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 599 to 668 since 2022.

Plan summary
Net assets, end of year$20,047,328
Participants with balances708
Active participants668
Employer contributions$1,813,910
Employee contributions$2,756,110
Employer contribution per active participant$2,715
Average account balance$28,315
Benefits paid to participants$3,752,716
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 708 accts · $1.8M emplr
2023$16.1M · 594 accts · $1.4M emplr
2022$10.3M · 501 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,791
Investment management$44,098
Total administrative$112,889
The Erg Holding Company, LLC 401(k) match · 2024
Employer contribution per active participant$2,715
Median for plans this size$2,416
2024$2,715 per active participant
2023$2,215 per active participant
2022$1,958 per active participant

Erg Holding Company, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$68,791
MARINER LLC · Investment advisory (plan)$35,652
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,446

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$112,889 · 0.63%
2023$80,588 · 0.61%
2022$49,081 · 0.56%
Similar plansProfessional & Technical Services · New Jersey
Systems Technologies, Inc. NJ$20.9M · 0.25%
Oyster Point Pharma, Inc. NJ$20.3M · 0.00%
Coreweave NJ$20.2M · 0.07%
Eps Corporation NJ$20.0M · 0.17%
Genova Burns LLC NJ$20.0M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465178087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.