Plan Ledger DOL Form 5500 · updated monthly

M. Management, Inc.401(k)

M. MANAGEMENT, INC. 401(K) PLAN · JERSEY CITY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

M. Management, Inc. reported $120,296 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,099 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 0.33% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 564th-largest of 2,419 plans among New Jersey employers on file, and the 276th of 2,096 in real estate & leasing. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 726 to 1,019 since 2022.

Plan summary
Net assets, end of year$51,624,308
Participants with balances523
Active participants1,019
Employer contributions$2,138,588
Employee contributions$2,997,915
Employer contribution per active participant$2,099
Average account balance$98,708
Benefits paid to participants$7,791,405
Plan auditUnmodified (clean) audit opinion
AuditorDOWNEY & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$51.6M · 523 accts · $2.1M emplr
2023$47.9M · 487 accts · $2.3M emplr
2022$43.2M · 353 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,754
Investment management$59,542
Total administrative$120,296
The M. Management, Inc. 401(k) match · 2024
Employer contribution per active participant$2,099
Median for plans this size$2,416
2024$2,099 per active participant
2023$2,883 per active participant
2022$2,811 per active participant

M. Management, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$60,754
CETERA INVESTMENT ADVISORS LLC · Investment advisory (plan)$59,542

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$120,296 · 0.24%
2023$132,282 · 0.29%
2022$151,018 · 0.33%
Same employer
Similar plansReal Estate & Leasing · New Jersey
Trac Intermodal NJ$95.3M · 0.18%
Veris Residential, Inc. NJ$58.5M · 0.13%
Edison Properties, LLC NJ$58.3M · 0.12%
Umh Properties, Inc. NJ$34.2M · 0.64%
Ue Management LLC NJ$32.1M · 0.11%
Rpm Management, LLC NJ$31.8M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 223641563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.