Plan Ledger DOL Form 5500 · updated monthly

Federal Business Products, Inc.401(k)

PROFIT SHARING TRUST PLAN FOR THE EMPLOYEES OF FEDERAL BUSINESS PRODUCTS, INC. · LITTLE FALLS, NJ · plan year 2023

Reported admin expense ratio · 2023
0.04%

Federal Business Products, Inc. reported $3,928 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.03% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,452nd of 2,419), and 8,357th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$11,017,397
Participants with balances95
Active participants72
Employer contributions—
Employee contributions$169,964
Employer contribution per active participant—
Average account balance$115,973
Benefits paid to participants$1,768,894
Plan auditUnmodified (clean) audit opinion
AuditorTOPCHE & COMPANY, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$11.0M · 95 accts
2022$10.9M · 109 accts · $42K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,928
Total administrative$3,928
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
T ROWE PRICE RPS INC · Recordkeeping · Trustee$4,484

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

Administrative cost history2
2023$3,928 · 0.04%
2022$3,253 · 0.03%
Similar plansManufacturing · New Jersey
Astor Chocolate Corp. NJ$11.7M · 0.26%
Hatteras Press, Inc. NJ$11.7M · 0.29%
Premio Foods, Inc. NJ$11.2M · 1.31%
Aetrex, Inc. NJ$10.9M · 0.37%
Ames Rubber Corporation NJ$10.8M · 0.35%
Electronic Concepts, Inc. NJ$10.7M · 0.69%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 111897126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.