Plan Ledger DOL Form 5500 · updated monthly

Friends of Cyrus II401(k)

FRIENDS OF CYRUS II 401(K) PROFIT SHARING PLAN & TRUST · UPPER SADDLE RIVER, NJ · plan year 2022

Reported admin expense ratio · 2022
0.78%

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

Friends of Cyrus II reported $2,609 in plan administrative expenses for 2022: 0.78% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (2,318th of 2,419), and 11,475th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$369,157
Participants with balances35
Active participants201
Employer contributions$0
Employee contributions$140,652
Employer contribution per active participant$0
Average account balance$10,547
Benefits paid to participants$10,758
Plan auditUnmodified (clean) audit opinion
AuditorPOOLER CPA GROUP LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,458
Investment management$151
Total administrative$2,609
The Friends of Cyrus II 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Friends of Cyrus II's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,609 · 0.78%
Similar plansProfessional & Technical Services · New Jersey
Shekia Group L L C NJ$382K · 0.06%
Logic Planet Inc NJ$375K · 0.02%
Asden Management LLC NJ$367K · 1.67%
Technumen Inc NJ$271K · 0.81%
100 Blvd Mngmt LLC NJ$266K · 2.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814381829 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.