Plan Ledger DOL Form 5500 · updated monthly

Harrogate Incorporated401(k)

HARROGATE EMPLOYEES ANNUITY PLAN · LAKEWOOD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Harrogate Incorporated reported $18,967 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $307 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 0.30% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,801st of 2,419), and 7,261st of 11,911 in health care & social assistance. In 2024, employees put in $5.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,184,256
Participants with balances282
Active participants208
Employer contributions$63,929
Employee contributions$324,905
Employer contribution per active participant$307
Average account balance$21,930
Benefits paid to participants$436,307
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 282 accts · $64K emplr
2023$5.6M · 284 accts · $61K emplr
2022$5.1M · 283 accts · $59K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,478
Investment management$14,489
Total administrative$18,967
The Harrogate Incorporated 401(k) match · 2024
Employer contribution per active participant$307
Median for plans this size$1,313
2024$307 per active participant
2023$279 per active participant
2022$271 per active participant

Harrogate Incorporated'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
CMC ADVISORS, INC. · Investment advisory (plan)$14,487

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$18,967 · 0.32%
2023$15,919 · 0.30%
2022$16,710 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Ap Therapy LLC NJ$6.4M · 1.25%
Ladacin Network, Inc. NJ$6.2M · 0.87%
Homefront, Inc. NJ$5.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222919029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.