Plan Ledger DOL Form 5500 · updated monthly

Knf Neuberger, Inc.401(k)

KNF NEUBERGER, INC. 401(K) PROFIT SHARING PLAN · TRENTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Knf Neuberger, Inc. reported $5,397 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,773 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 0.06% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 914th-largest of 2,419 plans among New Jersey employers on file, and the 5,016th of 13,661 in manufacturing. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,782,789
Participants with balances144
Active participants114
Employer contributions$430,087
Employee contributions$864,408
Employer contribution per active participant$3,773
Average account balance$179,047
Benefits paid to participants$2,678,201
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.8M · 144 accts · $430K emplr
2023$22.9M · 152 accts · $435K emplr
2022$18.3M · 144 accts · $430K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,705
Investment management$692
Total administrative$5,397
The Knf Neuberger, Inc. 401(k) match · 2024
Employer contribution per active participant$3,773
Median for plans this size$2,416
2024$3,773 per active participant
2023$3,482 per active participant
2022$3,466 per active participant

Knf Neuberger, Inc.'s 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,705

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$5,397 · 0.02%
2023$10,459 · 0.05%
2022$13,291 · 0.06%
Same employer
Similar plansManufacturing · New Jersey
United Envelope, LLC NJ$26.0M · 0.14%
United Envelope, LLC NJ$25.9M · 0.19%
Usmpc Buyer, Inc. NJ$24.6M · 0.13%
Bihler of America, Inc. NJ$24.3M · 0.18%
Cultech, Inc. NJ$24.2M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222166710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.