Plan Ledger DOL Form 5500 · updated monthly

Long Motors Company401(k)

LONG MOTORS COMPANY 401(K) PLAN · LAWRENCEVILLE, NJ · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Long Motors Company reported $28,391 in plan administrative expenses for 2022: 0.37% of average plan assets, below the peer median. Employer contributions averaged $666 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Jersey (1,721st of 2,419), and 3,224th of 5,215 in retail trade. In 2022, employees put in $5.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,214,183
Participants with balances86
Active participants91
Employer contributions$60,619
Employee contributions$310,888
Employer contribution per active participant$666
Average account balance$83,886
Benefits paid to participants$141,409
Plan auditUnmodified (clean) audit opinion
AuditorGEORGE FOLLINI JR. CPA, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$28,391
Total administrative$28,391
The Long Motors Company 401(k) match · 2022
Employer contribution per active participant$666
Median for plans this size$1,114

Long Motors Company's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$28,391 · 0.37%
Similar plansRetail Trade · New Jersey
Artistic Tile, Inc. NJ$7.9M · 0.18%
Hamilton Company Jewelers NJ$7.5M · 0.76%
Forman Mills NJ$6.9M · 0.36%
Liscio's Italian Bakery NJ$6.7M · 1.05%
Group USA, Inc. NJ$6.6M · 0.55%
Dodge City, Inc. NJ$6.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222393181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.