Plan Ledger DOL Form 5500 · updated monthly

Langer Industries, Inc.401(k)

LANGER INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN · JERSEY CITY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.09%

Langer Industries, Inc. reported $8,486 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. 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 0.07% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (1,545th of 2,419), and the 1,191st of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$9,536,106
Participants with balances224
Active participants193
Employer contributions—
Employee contributions$964,869
Employer contribution per active participant—
Average account balance$42,572
Benefits paid to participants$1,439,794
Plan auditUnmodified (clean) audit opinion
AuditorMEISEL TUTEUR & LEWIS P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 224 accts
2023$9.0M · 220 accts
2022$7.7M · 216 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,486
Total administrative$8,486
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
ADP, INC. · Loan processing · Recordkeeping$8,486
ADP BROKER-DEALER · Other servicesindirect comp
EQUITABLE ADVISORS, LLC · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,486 · 0.09%
2023$8,017 · 0.10%
2022$5,252 · 0.07%
Similar plansTransportation & Warehousing · New Jersey
Lx Pantos USA, Inc. NJ$10.5M · 0.24%
Lx Pantos USA, Inc. NJ$10.5M · 0.24%
Budd van Lines, Inc. NJ$10.0M · 0.19%
Rdtx Transportation Inc. NJ$8.5M · 0.02%
Rpm Employers 401K Plan NJ$7.7M · 0.01%
Rls Managed Services LLC NJ$7.7M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221707614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.