Plan Ledger DOL Form 5500 · updated monthly

McElroy, Deutsch, Mulvaney and Carpenter, LLP401(k)

MCELROY, DEUTSCH, MULVANEY & CARPENTER, LLP 401(K) PLAN · MORRISTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.24%

McElroy, Deutsch, Mulvaney and Carpenter, LLP reported $280,331 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. 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 0.18% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 323rd-largest of 2,419 plans among New Jersey employers on file, and the 1,264th of 11,654 in professional & technical services. active participation has shrunk from 323 to 256 since 2022.

Plan summary
Net assets, end of year$121,860,893
Participants with balances389
Active participants256
Employer contributions—
Employee contributions$2,698,623
Employer contribution per active participant—
Average account balance$313,267
Benefits paid to participants$14,821,448
Plan auditUnmodified (clean) audit opinion
AuditorCLYNE, EAGAN & ASSOCIATES, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$121.9M · 389 accts
2023$116.0M · 406 accts
2022$107.2M · 412 accts · $284K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,833
Audit (IQPA)$22,299
Total administrative$280,331
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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$35,833
NEWPORT CAPITAL GROUP LLC · Consulting$154,500
CLYNE EAGAN AND ASSOCIATES · Accounting / audit$22,299

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$280,331 · 0.24%
2023$214,059 · 0.19%
2022$213,708 · 0.18%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Stark & Stark, PC NJ$130.3M · 0.05%
Zt Group Int'l, Inc NJ$128.4M · 0.15%
Taiho Oncology, Inc. NJ$123.9M · 0.09%
Zensar Technologies, Inc. NJ$109.3M · 0.04%
Buck Global, LLC NJ$108.2M · 0.12%
Icims NJ$105.6M · 0.16%
T & M Associates NJ$103.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222445165 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.