Plan Ledger DOL Form 5500 · updated monthly

Medpro Systems LLC401(k)

MEDPRO SYSTEMS LLC 401(K) PLAN · MT. ARLINGTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Medpro Systems LLC reported $29,340 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,199 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 0.01% to 0.09%. 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 765th-largest of 2,419 plans among New Jersey employers on file, and the 3,815th of 11,654 in professional & technical services. In 2024, employees put in $5.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,683,709
Participants with balances171
Active participants158
Employer contributions$347,403
Employee contributions$1,845,205
Employer contribution per active participant$2,199
Average account balance$196,981
Benefits paid to participants$2,465,631
Plan auditUnmodified (clean) audit opinion
AuditorHFA PC
Plan history3
Yearassets · accounts · employer contribution
2024$33.7M · 171 accts · $347K emplr
2023$30.0M · 173 accts · $372K emplr
2022$24.3M · 169 accts · $493K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,340
Total administrative$29,340
The Medpro Systems LLC 401(k) match · 2024
Employer contribution per active participant$2,199
Median for plans this size$2,416
2024$2,199 per active participant
2023$2,445 per active participant
2022$3,309 per active participant

Medpro Systems LLC's 2024 employer contribution ran below 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 · 20241

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

Administrative cost history3
2024$29,340 · 0.09%
2023$13,473 · 0.05%
2022$4,346 · 0.01%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Navitas, Inc. NJ$34.2M · 0.29%
Emsl Analytical, Inc. NJ$34.1M · 0.47%
Highpoint Solutions, Inc. NJ$34.0M · 0.20%
Aus, Inc. NJ$33.6M · 0.24%
Avepoint, Inc. NJ$33.1M · 0.25%
Smolin, Lupin & Co., P.A. NJ$33.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141846195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.