Plan Ledger DOL Form 5500 · updated monthly

Isite Technologies Inc401(k)

ISITE TECHNOLOGIES INC. 401(K) · CRANBURY, NJ · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Isite Technologies Inc reported $55 in plan administrative expenses for 2022: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $91 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (2,393rd of 2,419), and 11,615th of 11,654 in professional & technical services. In 2022, employees put in $2.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,263
Participants with balances4
Active participants123
Employer contributions$11,187
Employee contributions$32,631
Employer contribution per active participant$91
Average account balance$10,566
Benefits paid to participants$547
Plan auditUnmodified (clean) audit opinion
AuditorIYER ASSOCIATES INC
The Isite Technologies Inc 401(k) match · 2022
Employer contribution per active participant$91
Median for plans this size$331

Isite Technologies Inc's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$55 · 0.13%
Similar plansProfessional & Technical Services · New Jersey
100 Blvd Mngmt LLC NJ$266K · 2.61%
Pathfinder LLC NJ$114K · 3.78%
Sports Consulting Group NJ$99K · 0.17%
IN2U Inc NJ$9K · 7.86%
Rex Direct Net Inc NJ$637 · 194.98%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 203491774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.