Plan Ledger DOL Form 5500 · updated monthly

Groundwater & Environmental Serv401(k)

GES 401(K) PROFIT SHARING & SAVINGS PLAN · WALL TOWNSHIP, NJ · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Groundwater & Environmental Serv reported $95,002 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,201 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 3 years on file its reported administrative ratio has held roughly steady near 0.128%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 427th-largest of 2,419 plans among New Jersey employers on file, and the 1,878th of 11,654 in professional & technical services. In 2024, employees put in $3.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$77,493,292
Participants with balances477
Active participants359
Employer contributions$790,172
Employee contributions$3,148,219
Employer contribution per active participant$2,201
Average account balance$162,460
Benefits paid to participants$5,892,348
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$77.5M · 477 accts · $790K emplr
2023$71.1M · 480 accts · $770K emplr
2022$63.0M · 482 accts · $742K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,002
Investment management$44,000
Total administrative$95,002
The Groundwater & Environmental Serv 401(k) match · 2024
Employer contribution per active participant$2,201
Median for plans this size$3,635
2024$2,201 per active participant
2023$2,206 per active participant
2022$2,119 per active participant

Groundwater & Environmental Serv's 2024 employer contribution ran below the $3,635 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
ADP, INC. · Loan processing · Recordkeeping$51,002
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$44,000

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$95,002 · 0.13%
2023$92,049 · 0.14%
2022$89,487 · 0.13%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Amicus Therapeutics, Inc. NJ$81.7M · 0.00%
Quotient Technology Inc. NJ$78.0M · 0.02%
Sax LLP NJ$77.4M · 0.07%
Bressler, Amery & Ross P.C. NJ$77.1M · 0.28%
Mindtree LTD. NJ$75.9M · 0.26%
Norris McLaughlin, P.A. NJ$75.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232335424 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.