Plan Ledger DOL Form 5500 · updated monthly

Legal Services of New Jersey, Inc.403(b)

LEGAL SERVICES OF NEW JERSEY INC ER 403B · EDISON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Legal Services of New Jersey, Inc. reported $7,454 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,856 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 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 940th-largest of 2,419 plans among New Jersey employers on file, and the 882nd of 3,341 in other services.

Plan summary
Net assets, end of year$24,602,444
Participants with balances245
Active participants252
Employer contributions$1,727,621
Employee contributions—
Employer contribution per active participant$6,856
Average account balance$100,418
Benefits paid to participants$1,498,528
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 245 accts · $1.7M emplr
2023$20.6M · 247 accts · $1.5M emplr
2022$16.6M · 222 accts · $1.4M emplr
Employer contributions to the Legal Services of New Jersey, Inc. plan · 2024
Employer contribution per active participant$6,856
Median for plans this size$2,416
2024$6,856 per active participant
2023$5,956 per active participant
2022$5,955 per active participant

Legal Services of New Jersey, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

Administrative cost history3
2024$7,454 · 0.03%
2023$7,176 · 0.04%
2022$6,571 · 0.04%
Same employer
Similar plansOther Services · New Jersey
Binsky & Snyder LLC NJ$26.5M · 0.26%
Cerebral Palsy North Jersey NJ$25.3M · 0.13%
Vda, Inc. NJ$25.2M · 0.29%
Sea Box, Inc. NJ$21.0M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222059939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.