Plan Ledger DOL Form 5500 · updated monthly

Garden State Consumer Credit Counseling, Inc.403(b)

NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN · MANALAPAN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Garden State Consumer Credit Counseling, Inc. reported $1,591 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. 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.

Across the 2 years on file its reported administrative ratio fell from 0.16% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New Jersey (1,679th of 2,419), and 1,902nd of 3,341 in other services. active participation has grown from 119 to 140 since 2022.

Plan summary
Net assets, end of year$7,741,762
Participants with balances155
Active participants140
Employer contributions$0
Employee contributions$417,562
Employer contribution per active participant$0
Average account balance$49,947
Benefits paid to participants$530,945
Plan auditDisclaimer of opinion
AuditorTOPEL & SILVER CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 155 accts
2023$3.6M · 154 accts
2022$2.9M · 137 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,591
Total administrative$1,591
The Garden State Consumer Credit Counseling, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Garden State Consumer Credit Counseling, Inc.'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.

Service providers · 20241
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,114

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,591 · 0.03%
2023$5,094 · 0.16%
2022$4,882 · 0.16%
All plans at this employer2
NAVICORE SOLUTIONS RETIREMENT PLAN401(k)
NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN403(b)
Same employer
Similar plansOther Services · New Jersey
Pumpman Holdings LLC NJ$8.5M · 0.31%
La Casa de Don Pedro NJ$6.5M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223120920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.