Plan Ledger DOL Form 5500 · updated monthly

Hepco, Inc.401(k)

HEPCO, INC. 401(K) SAVINGS PLAN · SADDLE BROOK, NJ · plan year 2023

Reported admin expense ratio · 2023
0.59%

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

Hepco, Inc. reported $24,642 in plan administrative expenses for 2023: 0.59% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.59% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,940th of 2,419), and 10,040th of 11,654 in professional & technical services. active participation has shrunk from 190 to 129 since 2022.

Plan summary
Net assets, end of year$4,371,568
Participants with balances176
Active participants129
Employer contributions$0
Employee contributions$625,160
Employer contribution per active participant$0
Average account balance$24,838
Benefits paid to participants$745,964
Plan auditUnmodified (clean) audit opinion
AuditorLAWSON, RESCINIO,SCHIBELL&ASSOC PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 137 accts
2023$4.4M · 176 accts
2022$4.0M · 187 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,358
Investment management$2,470
Total administrative$24,642
The Hepco, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Hepco, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
EMPOWER ADVISORY GROUP, LLC · Investment management$2,470
LEAFHOUSE FINANCIAL ADVISORS, LLC$814
MORGAN STANLEY SMITH BARNEY LLCindirect comp
MORGAN STANLEY INSURANCE SERVICES Iindirect comp

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$31,217 · 0.72%
2023$24,642 · 0.59%
2022$25,853 · 0.59%
Similar plansProfessional & Technical Services · New Jersey
Indecomm Holdings Inc NJ$4.5M · 0.49%
Pro Computer Service, LLC NJ$4.3M · 1.28%
Mbs Highway, LLC NJ$4.2M · 0.70%
Smartly, Inc. NJ$4.1M · 0.13%
Clarity Benefit Solutions NJ$4.0M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223202982 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.