Plan Ledger DOL Form 5500 · updated monthly

Family First Funding, LLC401(k)

FAMILY FIRST FUNDING, LLC 401(K) PLAN · TOMS RIVER, NJ · plan year 2022

Reported admin expense ratio · 2022
0.38%

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

Family First Funding, LLC reported $28,300 in plan administrative expenses for 2022: 0.38% of average plan assets, below the peer median. Employer contributions averaged $772 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 0.38% to 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New Jersey (1,696th of 2,419), and 4,223rd of 4,798 in finance & insurance. In 2022, employees put in $4.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,537,951
Participants with balances222
Active participants415
Employer contributions$320,326
Employee contributions$1,445,233
Employer contribution per active participant$772
Average account balance$33,955
Benefits paid to participants$427,683
Plan auditUnmodified (clean) audit opinion
AuditorACQUAVELLA, CHIARELLI, SHUSTER, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$2.0M · 160 accts
2023$3.4M · 135 accts · $46K emplr
2022$7.5M · 222 accts · $320K emplr
Administrative expenses, itemized · 2022
Investment management$28,300
Total administrative$28,300
The Family First Funding, LLC 401(k) match · 2022
Employer contribution per active participant$772
Median for plans this size$1,114

Family First Funding, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025Not separately reported
2024$22,380 · 0.83%
2023$46,428 · 0.85%
2022$28,300 · 0.38%
Same employer
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Rsm Holdings, LLC NJ$9.2M · 0.65%
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Source: U.S. Department of Labor, Form 5500 series, EIN 800743699 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.