Plan Ledger DOL Form 5500 · updated monthly

Group USA, Inc.401(k)

GROUP USA, INC. 401(K) PLAN · ENGLEWOOD, NJ · plan year 2023

Reported admin expense ratio · 2023
0.55%

Group USA, Inc. reported $33,444 in plan administrative expenses for 2023: 0.55% of average plan assets, above 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.

Across the 1 year on file its reported administrative ratio rose from 0.47% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Jersey (1,769th of 2,419), and 3,356th of 5,215 in retail trade.

Plan summary
Net assets, end of year$6,576,356
Participants with balances90
Active participants322
Employer contributions—
Employee contributions$159,901
Employer contribution per active participant—
Average account balance$73,071
Benefits paid to participants$81,721
Plan auditUnmodified (clean) audit opinion
AuditorPRAGER METIS CPAS LLC
Plan history2
Yearassets · accounts · employer contribution
2023$6.6M · 90 accts
2022$5.6M · 176 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$33,444
Total administrative$33,444
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$33,444
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$33,444 · 0.55%
2022$28,834 · 0.47%
Similar plansRetail Trade · New Jersey
Hamilton Company Jewelers NJ$7.5M · 0.76%
Long Motors Company NJ$7.2M · 0.37%
Forman Mills NJ$6.9M · 0.36%
Liscio's Italian Bakery NJ$6.7M · 1.05%
Dodge City, Inc. NJ$6.5M · 0.31%
Matt Blatt, Inc. NJ$6.1M · 0.62%
Mmpd Carst LLC NJ$6.0M · 0.10%
Lorenzo Food Group Inc NJ$5.9M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222702612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.