Plan Ledger DOL Form 5500 · updated monthly

Hudson News Distributors, LLC401(k)

HUDSON NEWS GROUP RETIREMENT PLAN · TEANECK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Hudson News Distributors, LLC reported $2,901 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $69 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 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,459th of 2,419), and 2,805th of 4,246 in wholesale trade. In 2024, employees put in $7.18 for every $1.00 the employer contributed; active participation has shrunk from 741 to 590 since 2022.

Plan summary
Net assets, end of year$10,846,054
Participants with balances215
Active participants590
Employer contributions$40,582
Employee contributions$291,351
Employer contribution per active participant$69
Average account balance$50,447
Benefits paid to participants$1,389,618
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 215 accts · $41K emplr
2023$10.8M · 232 accts · $40K emplr
2022$10.0M · 236 accts · $42K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,901
Total administrative$2,901
The Hudson News Distributors, LLC 401(k) match · 2024
Employer contribution per active participant$69
Median for plans this size$2,416
2024$69 per active participant
2023$58 per active participant
2022$57 per active participant

Hudson News Distributors, LLC's 2024 employer contribution ran below the $2,416 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
HERITAGE PENSION SERVICES INC · Other servicesindirect 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$2,901 · 0.03%
2023$1,900 · 0.02%
2022$1,802 · 0.02%
Same employer
Similar plansWholesale Trade · New Jersey
Strides Pharma, Inc. NJ$11.7M · 0.02%
Taylor Oil Co., Inc. NJ$11.4M · 0.28%
Automann, Inc. NJ$11.0M · 0.79%
Cosmax USA NJ$10.2M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113668123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.