Plan Ledger DOL Form 5500 · updated monthly

Mazza Recycling Services LTD401(k)

MAZZA RECYCLING SERVICES LTD 401K PROFIT SHARING PLAN AND TRUST · TINTON FALLS, NJ · plan year 2022

Employer contribution per participant · 2022
$1,008

Mazza Recycling Services LTD's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $1,749,361 across 82 participant accounts, with employer contributions averaging $1,008 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (2,167th of 2,419), and 10,974th of 11,654 in professional & technical services. In 2022, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,749,361
Participants with balances82
Active participants196
Employer contributions$197,616
Employee contributions$268,120
Employer contribution per active participant$1,008
Average account balance$21,334
Benefits paid to participants$82,875
Plan auditUnmodified (clean) audit opinion
AuditorMAZZA RECYCLING SERVICES, LTD
The Mazza Recycling Services LTD 401(k) match · 2022
Employer contribution per active participant$1,008
Median for plans this size$1,114

Mazza Recycling Services LTD'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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 474216072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.