Plan Ledger DOL Form 5500 · updated monthly

Ks Engineers, P.C.401(k)

KS ENGINEERS, P.C. 401(K) RETIREMENT PLAN · NEWARK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Ks Engineers, P.C. reported $72,537 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $1,725 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 rose from 0.17% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 724th-largest of 2,419 plans among New Jersey employers on file, and the 3,615th of 11,654 in professional & technical services. In 2024, employees put in $5.81 for every $1.00 the employer contributed; active participation has grown from 175 to 281 since 2022.

Plan summary
Net assets, end of year$35,755,468
Participants with balances350
Active participants281
Employer contributions$484,717
Employee contributions$2,816,349
Employer contribution per active participant$1,725
Average account balance$102,158
Benefits paid to participants$6,622,394
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.8M · 350 accts · $485K emplr
2023$34.5M · 339 accts · $383K emplr
2022$28.6M · 306 accts · $330K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,909
Investment management$19,248
Total administrative$72,537
The Ks Engineers, P.C. 401(k) match · 2024
Employer contribution per active participant$1,725
Median for plans this size$2,416
2024$1,725 per active participant
2023$1,407 per active participant
2022$1,884 per active participant

Ks Engineers, P.C.'s 2024 employer contribution ran below 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 · 20243
ACEC RETIREMENT TRUST$44,049
EMPOWER ADVISORY GROUP, LLC · Investment management$19,248

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$72,537 · 0.21%
2023$60,569 · 0.19%
2022$54,433 · 0.17%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Arora and Associates, P.C. NJ$38.8M · 0.31%
Taylor, Wiseman & Taylor NJ$38.5M · 0.02%
Wilkin & Guttenplan, P.C. NJ$36.3M · 0.25%
Bowman & Company LLP NJ$35.3M · 0.21%
Nisivoccia LLP NJ$35.1M · 0.02%
Storis, Inc. NJ$35.1M · 0.07%
Kessler Foundation NJ$35.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223341410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.