Plan Ledger DOL Form 5500 · updated monthly

Miller Auto Leasing Company401(k)

MILLER AUTO LEASING COMPANY 401(K) PLAN · LUMBERTON, NJ · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Miller Auto Leasing Company reported $24,261 in plan administrative expenses for 2022: 0.36% of average plan assets, below the peer median. Employer contributions averaged $1,507 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 real estate & leasing employers. By assets it is among the smaller plans on file in New Jersey (1,778th of 2,419), and 1,376th of 2,096 in real estate & leasing. In 2022, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,500,392
Participants with balances84
Active participants121
Employer contributions$182,359
Employee contributions$431,367
Employer contribution per active participant$1,507
Average account balance$77,386
Benefits paid to participants$81,330
Plan auditUnmodified (clean) audit opinion
AuditorMERCADIEN, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$24,261
Total administrative$24,261
The Miller Auto Leasing Company 401(k) match · 2022
Employer contribution per active participant$1,507
Median for plans this size$1,114

Miller Auto Leasing Company'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$24,261 · 0.36%
Similar plansReal Estate & Leasing · New Jersey
Ulma Form Works, Inc NJ$6.9M · 0.54%
Treetop Development LLC NJ$4.0M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221836291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.