Plan Ledger DOL Form 5500 · updated monthly

Faber, Coe & Gregg, Inc.401(k)

FABER, COE & GREGG 401(K) PLAN · SECAUCUS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Faber, Coe & Gregg, Inc. reported $15,396 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. 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 0.31% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New Jersey (2,079th of 2,419), and 1,263rd of 2,240 in accommodation & food services. In 2024, employees put in $17.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,713,914
Participants with balances119
Active participants321
Employer contributions$20,127
Employee contributions$355,240
Employer contribution per active participant$63
Average account balance$22,806
Benefits paid to participants$332,960
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH+BROWN, PC
Plan history2
Yearassets · accounts · employer contribution
2024$2.7M · 119 accts · $20K emplr
2022$2.4M · 63 accts · $13K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,395
Investment management$1
Total administrative$15,396
The Faber, Coe & Gregg, Inc. 401(k) match · 2024
Employer contribution per active participant$63
Median for plans this size$1,313
2024$63 per active participant
2022$69 per active participant

Faber, Coe & Gregg, Inc.'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 · 20244
ADVISED ASSETS GROUP, LLC · Investment management$1
FEDERATED SECURITIES INCindirect comp

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$15,396 · 0.60%
2022$8,189 · 0.31%
Same employer
Similar plansAccommodation & Food Services · New Jersey
Qqr, LLC NJ$3.0M · 0.44%
Bow & Arrow Manor, Inc. NJ$2.5M · 0.07%
Lufrankton, L.L.C. NJ$2.3M · 0.24%
Rackson Restaurants, LLC NJ$2.2M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 130690260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.