Plan Ledger DOL Form 5500 · updated monthly

Mandelbaum Barrett, PC401(k)

MANDELBAUM BARRETT, PC EMPLOYEE SAVINGS PLAN · ROSELAND, NJ · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Mandelbaum Barrett, PC reported $68,906 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $4,927 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 3 years on file its reported administrative ratio has held roughly steady near 0.212%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 746th-largest of 2,419 plans among New Jersey employers on file, and the 3,713th of 11,654 in professional & technical services. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has grown from 129 to 159 since 2022.

Plan summary
Net assets, end of year$34,690,115
Participants with balances204
Active participants159
Employer contributions$783,406
Employee contributions$1,886,355
Employer contribution per active participant$4,927
Average account balance$170,050
Benefits paid to participants$2,446,791
Plan auditUnmodified (clean) audit opinion
AuditorMEISEL, TUTEUR & LEWIS P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$34.7M · 204 accts · $783K emplr
2023$30.2M · 184 accts · $846K emplr
2022$24.0M · 155 accts · $861K emplr
The Mandelbaum Barrett, PC 401(k) match · 2024
Employer contribution per active participant$4,927
Median for plans this size$2,416
2024$4,927 per active participant
2023$5,566 per active participant
2022$6,676 per active participant

Mandelbaum Barrett, PC'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.

Service providers · 20244
PARK AVENUE SECURITIES, LLC · Recordkeeping · Trustee$62,496
FI401K ADVISORS, LLC · Recordkeeping · Trustee$4,400
ADP, INC. · Loan processing · Recordkeeping$2,010
ADP BROKER-DEALER · 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, FI401K ADVISORS, LLC, PARK AVENUE SECURITIES, LLC
2023ADP, FI401K ADVISORS, LLC, PARK AVENUE SECURITIES, LLC

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Administrative cost history3
2024$68,906 · 0.21%
2023$56,800 · 0.21%
2022$55,830 · 0.21%
Similar plansProfessional & Technical Services · New Jersey
Nisivoccia LLP NJ$35.1M · 0.02%
Storis, Inc. NJ$35.1M · 0.07%
Kessler Foundation NJ$35.0M · 0.12%
Lan Associates NJ$34.6M · 0.24%
Navitas, Inc. NJ$34.2M · 0.29%
Emsl Analytical, Inc. NJ$34.1M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221981178 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.