Plan Ledger DOL Form 5500 · updated monthly

Merola Tile Distributors of Amer401(k)

MEROLA SALES CO., INC. 401K PLAN · MANALAPAN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Merola Tile Distributors of Amer reported $10,247 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $625 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 0.23% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,911th of 2,419), and 3,694th of 4,246 in wholesale trade. In 2024, employees put in $7.05 for every $1.00 the employer contributed; active participation has shrunk from 175 to 138 since 2022.

Plan summary
Net assets, end of year$4,622,038
Participants with balances187
Active participants138
Employer contributions$86,222
Employee contributions$607,916
Employer contribution per active participant$625
Average account balance$24,717
Benefits paid to participants$235,358
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 187 accts · $86K emplr
2023$3.7M · 215 accts · $83K emplr
2022$3.0M · 222 accts · $81K emplr
Administrative expenses, itemized · 2024
Investment management$10,247
Total administrative$10,247
The Merola Tile Distributors of Amer 401(k) match · 2024
Employer contribution per active participant$625
Median for plans this size$1,313
2024$625 per active participant
2023$470 per active participant
2022$465 per active participant

Merola Tile Distributors of Amer's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
NATIONAL ASSET MANAGEMENT, INC. · Recordkeeping · Trustee$10,247
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024NATIONAL ASSET MANAGEMENT, INC.
2023NATIONAL ASSET MANAGEMENT, INC.

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

Administrative cost history3
2024$10,247 · 0.25%
2023$8,243 · 0.25%
2022$7,287 · 0.23%
Similar plansWholesale Trade · New Jersey
Unique Designs,Inc. NJ$5.3M · 0.66%
Dynarex Corporation NJ$5.0M · 0.14%
Exp Group LLC NJ$4.4M · 0.78%
McM Products USA Inc. NJ$4.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843673350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.