Plan Ledger DOL Form 5500 · updated monthly

Medsr, Inc.401(k)

MEDSR 401(K) PLAN · SOMERSET, NJ · plan year 2022

Reported admin expense ratio · 2022
0.39%

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

Medsr, Inc. reported $32,559 in plan administrative expenses for 2022: 0.39% of average plan assets, below the peer median. Employer contributions averaged $1,893 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.

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 (1,734th of 2,419), and 9,036th of 11,654 in professional & technical services. In 2022, employees put in $3.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,014,220
Participants with balances94
Active participants85
Employer contributions$160,909
Employee contributions$593,249
Employer contribution per active participant$1,893
Average account balance$74,619
Benefits paid to participants$1,730,778
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,026
Investment management$18,533
Total administrative$32,559
The Medsr, Inc. 401(k) match · 2022
Employer contribution per active participant$1,893
Median for plans this size$1,114

Medsr, Inc.'s 2022 employer contribution ran above 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$32,559 · 0.39%
Similar plansProfessional & Technical Services · New Jersey
Incedo Inc NJ$7.2M · 0.75%
Parker Ibrahim & Berg LLP NJ$7.2M · 0.07%
Comrise, Inc. NJ$7.2M · 0.26%
Farren International, LLC NJ$7.1M · 0.52%
340B Technologies, Inc. NJ$7.0M · 0.11%
Computer Data Source LLC NJ$7.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364725423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.