Plan Ledger DOL Form 5500 · updated monthly

Metropolitan Warehouse & Deliver401(k)

METROPOLITAN WAREHOUSE & DELIVERY CORP 401(K) PLAN · PERTH AMBOY, NJ · plan year 2024

Reported admin expense ratio · 2024
1.11%

Metropolitan Warehouse & Deliver reported $29,952 in plan administrative expenses for 2024: 1.11% 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 fell from 1.90% to 1.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (2,043rd of 2,419), and 1,925th of 2,677 in transportation & warehousing. active participation has grown from 337 to 380 since 2022.

Plan summary
Net assets, end of year$3,075,756
Participants with balances398
Active participants380
Employer contributions—
Employee contributions$764,349
Employer contribution per active participant—
Average account balance$7,728
Benefits paid to participants$413,672
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 398 accts
2023$2.3M · 375 accts
2022$1.5M · 343 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,356
Investment management$3,596
Total administrative$29,952
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
ADP, INC. · Loan processing · Recordkeeping$17,812
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$12,139
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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Administrative cost history3
2024$29,952 · 1.11%
2023$20,896 · 1.10%
2022$27,595 · 1.90%
Similar plansTransportation & Warehousing · New Jersey
Fusion Transport, LLC NJ$3.8M · 0.57%
Decamp Bus Lines, Inc. NJ$3.6M · 0.94%
George Dapper, Inc. NJ$3.3M · 0.13%
Gst Transport Corp. NJ$3.1M · 0.81%
All Season Movers, Inc. NJ$3.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223137711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.