Plan Ledger DOL Form 5500 · updated monthly

Groupe Seb401(k)

GROUPE SEB EMPLOYEES' RETIREMENT INCOME PLAN · PARSIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Groupe Seb reported $190,252 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $7,261 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 rose from 0.12% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 289th-largest of 2,419 plans among New Jersey employers on file, and the 323rd of 4,246 in wholesale trade. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$137,270,904
Participants with balances787
Active participants583
Employer contributions$4,233,433
Employee contributions$4,496,745
Employer contribution per active participant$7,261
Average account balance$174,423
Benefits paid to participants$10,463,933
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$137.3M · 787 accts · $4.2M emplr
2023$119.8M · 815 accts · $3.7M emplr
2022$100.9M · 860 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$186,506
Investment management$3,746
Total administrative$190,252
The Groupe Seb 401(k) match · 2024
Employer contribution per active participant$7,261
Median for plans this size$3,635
2024$7,261 per active participant
2023$6,117 per active participant
2022$6,646 per active participant

Groupe Seb's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$186,506
CAPFINANCIAL PARTNERS, L · Investment advisory (plan)$3,750

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

Administrative cost history3
2024$190,252 · 0.15%
2023$149,898 · 0.14%
2022$135,893 · 0.12%
Same employer
Similar plansWholesale Trade · New Jersey
Fedway Associates, Inc. NJ$188.5M · 0.07%
Saloncentric, Inc. NJ$167.4M · 0.06%
Movado Group, Inc. NJ$112.4M · 0.22%
Turtle & Hughes, Inc. NJ$110.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223062987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.