Plan Ledger DOL Form 5500 · updated monthly

Intellectt Inc401(k)

INTELLECTT INC. 4019K) PLAN · ISELIN, NJ · plan year 2024

Reported admin expense ratio · 2024
1.49%

Intellectt Inc reported $17,210 in plan administrative expenses for 2024: 1.49% of average plan assets, higher than ~90% of peers. 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 0.44% to 1.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (2,194th of 2,419), and 11,122nd of 11,654 in professional & technical services. active participation has grown from 577 to 1,330 since 2022.

Plan summary
Net assets, end of year$1,341,922
Participants with balances114
Active participants1,330
Employer contributions—
Employee contributions$526,025
Employer contribution per active participant—
Average account balance$11,771
Benefits paid to participants$280,213
Plan auditUnmodified (clean) audit opinion
AuditorRAM ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 114 accts
2023$974K · 118 accts
2022$562K · 134 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,210
Total administrative$17,210
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$17,210
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$17,210 · 1.49%
2023$8,803 · 1.15%
2022$1,543 · 0.44%
Similar plansProfessional & Technical Services · New Jersey
Siri Info Solutions NJ$1.9M · 0.31%
Aergo Solutions, LLC NJ$1.8M · 1.32%
The Vets Holding Inc NJ$1.7M · 1.42%
I5 Tech, Inc. NJ$1.3M · 0.42%
Techno-Comp, Inc. NJ$950K · 1.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830675925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.