Plan Ledger DOL Form 5500 · updated monthly

Fieldstone Properties I LLC401(k)

FIELDSTONE PROPERTIES I LLC 401(K) PLAN · PARSIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Fieldstone Properties I LLC reported $28,752 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $272 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 1 year on file its reported administrative ratio rose from 0.62% to 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Jersey (2,035th of 2,419), and 1,724th of 2,534 in administrative & support services. In 2024, employees put in $7.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,199,188
Participants with balances160
Active participants179
Employer contributions$48,655
Employee contributions$377,350
Employer contribution per active participant$272
Average account balance$19,995
Benefits paid to participants$216,179
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$3.2M · 160 accts · $49K emplr
2023$2.7M · 168 accts · $29K emplr
Administrative expenses, itemized · 2024
Investment management$28,752
Total administrative$28,752
The Fieldstone Properties I LLC 401(k) match · 2024
Employer contribution per active participant$272
Median for plans this size$1,313
2024$272 per active participant
2023$178 per active participant

Fieldstone Properties I LLC'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.

Administrative cost history2
2024$28,752 · 0.98%
2023$16,687 · 0.62%
Same employer
Similar plansAdministrative & Support Services · New Jersey
Nutra-Med Packaging, LLC NJ$4.5M · 1.22%
Rsm Maintenance, LLC NJ$3.8M · 0.39%
Altech Services, Inc. NJ$2.1M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010583022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.