Plan Ledger DOL Form 5500 · updated monthly

Metrixlab US Inc401(k)

METRIXLAB US INC 401(K) PROFIT SHARING PLAN & TRUST · CHATHAM, NJ · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Metrixlab US Inc reported $31,379 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,605 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 3 years on file its reported administrative ratio has held roughly steady near 0.137%. 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 950th-largest of 2,419 plans among New Jersey employers on file, and the 4,878th of 11,654 in professional & technical services. In 2024, employees put in $3.17 for every $1.00 the employer contributed; active participation has grown from 164 to 289 since 2022.

Plan summary
Net assets, end of year$24,148,390
Participants with balances196
Active participants289
Employer contributions$463,873
Employee contributions$1,472,456
Employer contribution per active participant$1,605
Average account balance$123,206
Benefits paid to participants$3,212,917
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.1M · 196 accts · $464K emplr
2023$21.8M · 204 accts · $485K emplr
2022$18.6M · 195 accts · $385K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,082
Investment management$437
Trustee / custodial$860
Total administrative$31,379
The Metrixlab US Inc 401(k) match · 2024
Employer contribution per active participant$1,605
Median for plans this size$2,416
2024$1,605 per active participant
2023$3,090 per active participant
2022$2,348 per active participant

Metrixlab US Inc'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
PAYCHEX, INC. · Recordkeeping$30,351

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

Recordkeeper by year2
2024Paychex
2023Paychex

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

Administrative cost history3
2024$31,379 · 0.14%
2023$29,013 · 0.14%
2022$28,842 · 0.14%
Similar plansProfessional & Technical Services · New Jersey
Theradex Systems, Inc. NJ$24.9M · 0.45%
US Tech Solutions, Inc. NJ$24.9M · 0.14%
Ndi Engineering Company NJ$24.7M · 0.09%
Carecloud, Inc. NJ$24.5M · 0.39%
Hillmann Consulting, LLC NJ$23.9M · 0.62%
Hill Wallack LLP NJ$23.9M · 0.61%
Canonical USA NJ$23.8M · 0.30%
Prime Pensions, Inc. NJ$23.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454421565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.