Plan Ledger DOL Form 5500 · updated monthly

General Trading Co., Inc.401(k)

GENERAL TRADING CO., INC. 401(K) PLAN · CARLSTADT, NJ · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

General Trading Co., Inc. reported $68,330 in plan administrative expenses for 2022: 0.29% of average plan assets, above the peer median. Employer contributions averaged $3,398 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,044th-largest of 2,419 plans among New Jersey employers on file, and the 1,808th of 4,246 in wholesale trade. In 2022, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,178,771
Participants with balances94
Active participants76
Employer contributions$258,251
Employee contributions$537,096
Employer contribution per active participant$3,398
Average account balance$225,306
Benefits paid to participants$1,700,055
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,866
Investment management$43,900
Professional / advisory$8,200
Total administrative$68,330
The General Trading Co., Inc. 401(k) match · 2022
Employer contribution per active participant$3,398
Median for plans this size$2,266

General Trading Co., Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$68,330 · 0.29%
Same employer
Similar plansWholesale Trade · New Jersey
Paige Electric Co., L.P. NJ$22.7M · 0.25%
Wallpaper Imports Inc. NJ$22.2M · 0.06%
Jesco, Inc. NJ$20.8M · 0.55%
Rvl Pharmaceuticals, Inc. NJ$19.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221720935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.