Plan Ledger DOL Form 5500 · updated monthly

Hcp Management Operations, Inc.401(k)

HCP MANAGEMENT OPERATIONS, INC. RETIREMENT SAVINGS PLAN · SHREWSBURY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Hcp Management Operations, Inc. reported $112,727 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,311 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 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,075th-largest of 2,419 plans among New Jersey employers on file, and 3,033rd of 4,798 in finance & insurance. In 2024, employees put in $4.09 for every $1.00 the employer contributed; active participation has shrunk from 352 to 276 since 2022.

Plan summary
Net assets, end of year$20,262,979
Participants with balances273
Active participants276
Employer contributions$361,867
Employee contributions$1,481,492
Employer contribution per active participant$1,311
Average account balance$74,223
Benefits paid to participants$1,884,409
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$20.3M · 273 accts · $362K emplr
2023$17.7M · 277 accts · $373K emplr
2022$14.4M · 298 accts · $670 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,440
Investment management$37,287
Audit (IQPA)$24,000
Total administrative$112,727
The Hcp Management Operations, Inc. 401(k) match · 2024
Employer contribution per active participant$1,311
Median for plans this size$2,416
2024$1,311 per active participant
2023$1,314 per active participant
2022$2 per active participant

Hcp Management Operations, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$51,440
HAUSER RETIREMENT SOLUTIONS 2 LLC · Investment advisory (plan)$37,287
CBIZ CPAS P.C. · Accounting / audit$24,000

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

Administrative cost history4
2025Not separately reported
2024$112,727 · 0.59%
2023$95,350 · 0.59%
2022$99,347 · 0.62%
Same employer
Similar plansFinance & Insurance · New Jersey
Bcb Community Bank NJ$21.8M · 0.04%
Blue Foundry Bank NJ$21.4M · 0.19%
Somerset Regal Bank NJ$19.9M · 0.30%
Bluevine Inc. NJ$19.8M · 0.15%
Arc Home LLC NJ$16.1M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811345533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.