Plan Ledger DOL Form 5500 · updated monthly

James Alexander Corporation401(k)

JAMES ALEXANDER CORPORATION RETIREMENT PLAN · BLAIRSTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

James Alexander Corporation reported $32,044 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $599 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 fell from 0.40% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,518th of 2,419), and 8,823rd of 13,661 in manufacturing. In 2024, employees put in $5.08 for every $1.00 the employer contributed; active participation has shrunk from 138 to 117 since 2022.

Plan summary
Net assets, end of year$9,915,002
Participants with balances123
Active participants117
Employer contributions$70,046
Employee contributions$355,790
Employer contribution per active participant$599
Average account balance$80,610
Benefits paid to participants$317,569
Plan auditUnmodified (clean) audit opinion
AuditorTROUT CPA
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 123 accts · $70K emplr
2023$8.5M · 121 accts · $70K emplr
2022$7.1M · 112 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,970
Investment management$27,074
Total administrative$32,044
The James Alexander Corporation 401(k) match · 2024
Employer contribution per active participant$599
Median for plans this size$1,313
2024$599 per active participant
2023$558 per active participant

James Alexander Corporation's 2024 employer contribution ran below the $1,313 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 · 20244
GREEN RIDGE WEALTH PLANNING · Investment management$27,074
TRANSITION FINANCE STRATEGIES · Plan administrator$75
ASCENSUS LLCindirect 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$32,044 · 0.35%
2023$26,745 · 0.34%
2022$30,229 · 0.40%
All plans at this employer2
JAMES ALEXANDER CORPORATION RETIREMENT PLAN401(k)
JAMES ALEXANDER CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
Similar plansManufacturing · New Jersey
Longchamp USA NJ$10.0M · 0.48%
Al & John, Inc. NJ$9.9M · 0.08%
Reed-Lane, Inc. NJ$9.9M · 0.36%
Fabuwood Cabinetry Corp. NJ$9.8M · 0.70%
R & D Altanova NJ$9.8M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 222063771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.