Plan Ledger DOL Form 5500 · updated monthly

Mastercool, Inc.401(k)

MASTERCOOL, INC. 401(K) SALARY SAVINGS AND PROFIT SHARING PLAN · RANDOLPH, NJ · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Mastercool, Inc. reported $63,940 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,890 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 0.63% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,144th-largest of 2,419 plans among New Jersey employers on file, and 2,135th of 4,246 in wholesale trade. In 2024, the employer put in $1.40 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$17,286,690
Participants with balances129
Active participants125
Employer contributions$486,188
Employee contributions$347,335
Employer contribution per active participant$3,890
Average account balance$134,005
Benefits paid to participants$1,217,218
Plan auditDisclaimer of opinion
AuditorCULLARI CARRICO, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 129 accts · $486K emplr
2023$14.3M · 142 accts · $420K emplr
2022$11.4M · 130 accts · $405K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,680
Investment management$45,260
Total administrative$63,940
The Mastercool, Inc. 401(k) match · 2024
Employer contribution per active participant$3,890
Median for plans this size$2,416
2024$3,890 per active participant
2023$3,441 per active participant
2022$3,346 per active participant

Mastercool, Inc.'s 2024 employer contribution ran above 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
PROFESSIONAL CAPITAL SERVICES, LLC · Contract administrator · Recordkeeping$18,680
MV CAPITAL MANAGEMENT, INC. · Investment advisory (plan)$45,260

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

Recordkeeper by year2
2024PROFESSIONAL CAPITAL SERVICES, LLC
2023PROFESSIONAL CAPITAL SERVICES, LLC

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

Administrative cost history3
2024$63,940 · 0.40%
2023$81,920 · 0.64%
2022$79,076 · 0.63%
Similar plansWholesale Trade · New Jersey
A.J. Jersey, Inc. NJ$19.2M · 0.58%
Coda Resources LTD NJ$18.4M · 0.44%
Fortune Metal Group Inc. NJ$17.5M · 0.37%
Extech Operating LLC NJ$17.2M · 0.03%
Universal Nutrition NJ$16.9M · 0.05%
Mhs Lift Holdings Inc. NJ$16.9M · 0.04%
Huahai US Inc NJ$16.9M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222437063 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.