Plan Ledger DOL Form 5500 · updated monthly

Kelsch Associates, Inc., (Nj)401(k)

KELSCH ASSOCIATES, INC. , (NJ) RETIREMENT PLAN · WESTVILLE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Kelsch Associates, Inc., (Nj) reported $3,125 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,098 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 0.18% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,600th of 2,419), and 6,141st of 11,911 in health care & social assistance. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,742,853
Participants with balances179
Active participants164
Employer contributions$180,108
Employee contributions$282,073
Employer contribution per active participant$1,098
Average account balance$48,843
Benefits paid to participants$168,533
Plan auditDisclaimer of opinion
AuditorWOOLARD, KRAJNICK, MASCIANGELO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 179 accts · $180K emplr
2023$7.2M · 182 accts · $106K emplr
2022$8.2M · 187 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,825
Total administrative$3,125
The Kelsch Associates, Inc., (Nj) 401(k) match · 2024
Employer contribution per active participant$1,098
Median for plans this size$1,313
2024$1,098 per active participant
2023$608 per active participant

Kelsch Associates, Inc., (Nj)'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
VOYA RETIREMENT INSURANCE & ANNUITY · Other servicesindirect 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$3,125 · 0.04%
2023$16,795 · 0.22%
2022$14,556 · 0.18%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Cape Atlantic Ink Inc NJ$8.9M · 0.51%
The Arc of Monmouth, Inc. NJ$8.7M · 0.02%
Heath Village NJ$8.6M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222298243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.