Plan Ledger DOL Form 5500 · updated monthly

J.F Kiely Service Co., LLC401(k)

J.F KIELY SERVICE CO., LLC 401-K PLAN · TINTON FALLS, NJ · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

J.F Kiely Service Co., LLC reported $8,912 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $36,474 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 1 year on file its reported administrative ratio fell from 0.02% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 572nd-largest of 2,419 plans among New Jersey employers on file, and the 1,052nd of 5,337 in construction. In 2023, the employer put in $5.85 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$50,317,782
Participants with balances187
Active participants167
Employer contributions$6,091,108
Employee contributions$1,041,645
Employer contribution per active participant$36,474
Average account balance$269,079
Benefits paid to participants$3,363,023
Plan auditUnmodified (clean) audit opinion
AuditorHOLMAN FREINA ALLISON
Plan history2
Yearassets · accounts · employer contribution
2024$24.5M · 224 accts · $1.3M emplr
2023$50.3M · 187 accts · $6.1M emplr
Administrative expenses, itemized · 2023
Investment management$8,912
Total administrative$8,912
The J.F Kiely Service Co., LLC 401(k) match · 2023
Employer contribution per active participant$36,474
Median for plans this size$2,440
2024$6,309 per active participant
2023$36,474 per active participant

J.F Kiely Service Co., LLC's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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.

Administrative cost history2
2024$770 · 0.00%
2023$8,912 · 0.02%
Similar plansConstruction · New Jersey
Reiner Group, Inc. NJ$44.8M · 0.26%
Doka USA, LTD. NJ$42.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 651191176 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.