Plan Ledger DOL Form 5500 · updated monthly

Flemington Department Store, Inc.ESOP

FLEMINGTON DEPARTMENT STORE, INC. EMPLOYEE STOCK OWNERSHIP PLAN · FLEMINGTON, NJ · plan year 2024

Reported admin expense ratio · 2024
1.09%

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

Flemington Department Store, Inc. reported $30,308 in plan administrative expenses for 2024: 1.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,996 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 fell from 1.29% to 1.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Jersey (2,069th of 2,419), and 4,404th of 5,215 in retail trade.

Plan summary
Net assets, end of year$2,816,310
Participants with balances108
Active participants86
Employer contributions$171,651
Employee contributions—
Employer contribution per active participant$1,996
Average account balance$26,077
Benefits paid to participants$262,432
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 108 accts · $172K emplr
2023$2.8M · 113 accts · $35K emplr
2022$2.4M · 109 accts
Administrative expenses, itemized · 2024
Audit (IQPA)$15,808
Total administrative$30,308
Employer contributions to the Flemington Department Store, Inc. plan · 2024
Employer contribution per active participant$1,996
Median for plans this size$1,313
2024$1,996 per active participant
2023$423 per active participant

Flemington Department Store, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
EISNERAMPER, LLP · Accounting / audit$15,808
APPLE GROWTH PARTNERS · Valuation$14,500

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$30,308 · 1.09%
2023$28,600 · 1.11%
2022$29,747 · 1.29%
Similar plansRetail Trade · New Jersey
Riggins, Inc. NJ$3.7M · 0.42%
Hearx West, LLC NJ$3.2M · 0.75%
Allied Management, Inc. NJ$2.8M · 0.35%
Rk Chevrolet, Inc. NJ$2.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221959513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.