Plan Ledger DOL Form 5500 · updated monthly

Monmouth Cardiology Associates, LLC401(k)

MONMOUTH CARDIOLOGY ASSOCIATES, LLC 401(K) PLAN · EATONTOWN, NJ · plan year 2025

Reported admin expense ratio · 2025
0.45%

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

Monmouth Cardiology Associates, LLC reported $225,277 in plan administrative expenses for 2025: 0.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $11,349 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 4 years on file its reported administrative ratio has held roughly steady near 0.45%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 544th-largest of 2,419 plans among New Jersey employers on file, and the 1,739th of 11,911 in health care & social assistance. In 2025, the employer put in $1.57 for every $1.00 employees contributed themselves; active participation has grown from 125 to 139 since 2022.

Plan summary
Net assets, end of year$54,463,200
Participants with balances167
Active participants139
Employer contributions$1,577,536
Employee contributions$1,005,413
Employer contribution per active participant$11,349
Average account balance$326,127
Benefits paid to participants$1,078,912
Plan auditUnmodified (clean) audit opinion
AuditorBARRE & COMPANY
Plan history4
Yearassets · accounts · employer contribution
2025$54.5M · 167 accts · $1.6M emplr
2024$46.7M · 160 accts · $1.5M emplr
2023$45.7M · 147 accts · $1.3M emplr
2022$47.0M · 154 accts · $1.3M emplr
Administrative expenses, itemized · 2025
Investment management$165,677
Audit (IQPA)$17,600
Total administrative$225,277
The Monmouth Cardiology Associates, LLC 401(k) match · 2025
Employer contribution per active participant$11,349
Median for plans this size$4,093
2025$11,349 per active participant
2024$10,631 per active participant
2023$10,876 per active participant
2022$10,459 per active participant

Monmouth Cardiology Associates, LLC's 2025 employer contribution ran above the $4,093 median for plans its size, placing it in the top 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
ALLWORTH FINANCIAL · Investment advisory (plan)indirect comp

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

Administrative cost history4
2025$225,277 · 0.45%
2024$144,236 · 0.31%
2023$189,944 · 0.41%
2022$228,683 · 0.43%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
I.D. Care, LLC NJ$59.0M · 0.03%
Tryko Partners, LLC NJ$51.1M · 0.21%
Complete Care LLC NJ$49.6M · 1.05%
Oaks Integrated Care, Inc. NJ$47.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223460933 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.