Plan Ledger DOL Form 5500 · updated monthly

Friendwell Management USA, LLC401(k)

FRIENDWELL MANAGEMENT USA, LLC 401(K) PLAN · EDISON, NJ · plan year 2022

Reported admin expense ratio · 2022
0.77%

Friendwell Management USA, LLC reported $4,274 in plan administrative expenses for 2022: 0.77% of average plan assets, below the peer median. 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 real estate & leasing employers. By assets it is among the smaller plans on file in New Jersey (2,309th of 2,419), and 2,046th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$418,997
Participants with balances17
Active participants197
Employer contributions—
Employee contributions$53,000
Employer contribution per active participant—
Average account balance$24,647
Benefits paid to participants$201,778
Plan auditDisclaimer of opinion
AuditorMSPC CERTIFIED PUBLIC ACCOUNTANTS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,274
Total administrative$4,274
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$4,274 · 0.77%
Similar plansReal Estate & Leasing · New Jersey
Kaplan Companies NJ$3.0M · 0.06%
Jetclosing, Inc. NJ$1.9M · 0.82%
I Builders LLC NJ$501K · 0.53%
Ny Deep LLC NJ$61K · 2.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223740206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.