Plan Ledger DOL Form 5500 · updated monthly

Ladacin Network, Inc.403(b)

LADACIN NETWORK, INC. 403(B) PLAN · WANAMASSA, NJ · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Ladacin Network, Inc. reported $49,825 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.63% to 0.87%. 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 (1,798th of 2,419), and 7,243rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$6,220,914
Participants with balances174
Active participants503
Employer contributions$0
Employee contributions$485,358
Employer contribution per active participant$0
Average account balance$35,752
Benefits paid to participants$585,185
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 174 accts
2023$5.2M · 149 accts · $3K emplr
2022$4.7M · 140 accts · $2K emplr
Administrative expenses, itemized · 2024
Investment management$49,825
Total administrative$49,825
Employer contributions to the Ladacin Network, Inc. plan · 2024
Employer contribution per active participant$0
Median for plans this size$1,313
2023$7 per active participant
2022$4 per active participant

Ladacin Network, Inc.'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
RBC CAPITAL MARKETS LLC · Investment advisory (plan)$14,115
EMPOWER ADVISORY GROUP LLC · Investment management$572
PRIME PENSIONS, INC. · Plan administratorindirect 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$49,825 · 0.87%
2023$27,984 · 0.57%
2022$32,701 · 0.63%
All plans at this employer2
LADACIN NETWORK, INC. 403(B) PLAN403(b)
LADACIN NETWORK, INC. DEFINED CONTRIBUTION PLANProfit-sharing plan
Same employer
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Ap Therapy LLC NJ$6.4M · 1.25%
Harrogate Incorporated NJ$6.2M · 0.32%
Homefront, Inc. NJ$5.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210674715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.