Plan Ledger DOL Form 5500 · updated monthly

Ironstate Properties LLC401(k)

IRONSTATE 401(K) PLAN · HOBOKEN, NJ · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Ironstate Properties LLC reported $9,080 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,395 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 916th-largest of 2,419 plans among New Jersey employers on file, and the 525th of 2,096 in real estate & leasing. In 2022, employees put in $2.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,674,410
Participants with balances564
Active participants494
Employer contributions$689,183
Employee contributions$2,037,530
Employer contribution per active participant$1,395
Average account balance$45,522
Benefits paid to participants$2,186,889
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH BROWN
The Ironstate Properties LLC 401(k) match · 2022
Employer contribution per active participant$1,395
Median for plans this size$2,266

Ironstate Properties LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,080 · 0.03%
Same employer
Similar plansReal Estate & Leasing · New Jersey
Umh Properties, Inc. NJ$34.2M · 0.64%
Ue Management LLC NJ$32.1M · 0.11%
Rpm Management, LLC NJ$31.8M · 0.29%
Marlin Leasing Corporation NJ$24.6M · 0.30%
Nexus Management, LLC NJ$16.8M · 0.48%
The Kamson Corporation NJ$16.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832939083 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.