Plan Ledger DOL Form 5500 · updated monthly

Mjh Shared Services, LLC401(k)

MJH HEALTHCARE HOLDINGS, LLC 401K PLAN · CRANBURY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Mjh Shared Services, LLC reported $131,220 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,283 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 0.30% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 668th-largest of 2,419 plans among New Jersey employers on file, and the 1,034th of 4,246 in wholesale trade. In 2024, employees put in $4.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,117,349
Participants with balances732
Active participants843
Employer contributions$1,081,388
Employee contributions$5,146,884
Employer contribution per active participant$1,283
Average account balance$54,805
Benefits paid to participants$4,114,944
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH +BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$40.1M · 732 accts · $1.1M emplr
2023$29.9M · 709 accts · $911K emplr
2022$21.3M · 618 accts · $764K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,332
Investment management$49,888
Total administrative$131,220
The Mjh Shared Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,283
Median for plans this size$2,416
2024$1,283 per active participant
2023$1,122 per active participant
2022$968 per active participant

Mjh Shared Services, LLC's 2024 employer contribution ran below the $2,416 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
NEWPORT GROUP, INC. · Loan processing · Contract administrator$81,332
PNC INSTITUTIONAL ASSET MANAGEMENT · Investment advisory (plan)$47,752

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$131,220 · 0.37%
2023$89,078 · 0.35%
2022$62,816 · 0.30%
Same employer
Similar plansWholesale Trade · New Jersey
Seiko Watch of America LLC NJ$41.0M · 0.02%
Arena 3D Holdings NJ$40.9M · 0.05%
Peerless Beverage Co. NJ$40.9M · 0.20%
Interpace Biosciences NJ$40.2M · 0.01%
Pim Brands, Inc. NJ$39.2M · 0.24%
Kramer Beverage Co., LLC NJ$39.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320578672 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.