Plan Ledger DOL Form 5500 · updated monthly

Mario Badescu Skin Care, Inc.401(k)

MARIO BADESCU SKIN CARE PROFIT SHARING 401(K) PLAN · EDISON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Mario Badescu Skin Care, Inc. reported $110,905 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $7,245 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 rose from 0.34% to 0.45%. 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 887th-largest of 2,419 plans among New Jersey employers on file, and the 806th of 3,341 in other services. In 2024, the employer put in $1.63 for every $1.00 employees contributed themselves; active participation has grown from 128 to 154 since 2022.

Plan summary
Net assets, end of year$26,960,365
Participants with balances267
Active participants154
Employer contributions$1,115,681
Employee contributions$683,461
Employer contribution per active participant$7,245
Average account balance$100,975
Benefits paid to participants$1,005,759
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.0M · 267 accts · $1.1M emplr
2023$22.7M · 264 accts · $974K emplr
2022$18.4M · 258 accts · $884K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$110,905
Total administrative$110,905
The Mario Badescu Skin Care, Inc. 401(k) match · 2024
Employer contribution per active participant$7,245
Median for plans this size$2,416
2024$7,245 per active participant
2023$7,213 per active participant
2022$6,903 per active participant

Mario Badescu Skin Care, 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.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$8,864
THE BENEFIT PRACTICE · Recordkeeping · Loan processing$7,090
ROCKEFELLER FINANCIAL LLC · Investment advisory (plan)$85,345

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

Recordkeeper by year2
2024THE BENEFIT PRACTICE, Transamerica
2023THE BENEFIT PRACTICE, Transamerica

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

Administrative cost history3
2024$110,905 · 0.45%
2023$64,996 · 0.32%
2022$70,038 · 0.34%
Similar plansOther Services · New Jersey
Tenacre Foundation NJ$35.6M · 0.06%
Binsky & Snyder LLC NJ$26.5M · 0.26%
Cerebral Palsy North Jersey NJ$25.3M · 0.13%
Vda, Inc. NJ$25.2M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133315131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.