Plan Ledger DOL Form 5500 · updated monthly

Montclair Child Development Center, Inc.403(b)

SECTION 403(B) RETIREMENT PLAN FOR MONTCLAIR CHILD DEVELOPMENT CENTER, INC. · MONTCLAIR, NJ · plan year 2022

Reported admin expense ratio · 2022
0.09%

Montclair Child Development Center, Inc. reported $920 in plan administrative expenses for 2022: 0.09% of average plan assets, lower 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New Jersey (2,232nd of 2,419), and 2,972nd of 3,091 in educational services. In 2022, the employer put in $1.42 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,037,648
Participants with balances—
Active participants—
Employer contributions$66,514
Employee contributions$46,801
Employer contribution per active participant—
Average account balance—
Benefits paid to participants$70,618
Plan auditUnmodified (clean) audit opinion
AuditorOLUGBENGA OLABINTIN, CPA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$920
Total administrative$920
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$920 · 0.09%
Similar plansEducational Services · New Jersey
Banyan School NJ$3.0M · 0.03%
Burn Brae Education, Inc. NJ$2.9M · 0.52%
First Children, LLC. NJ$2.7M · 0.60%
Golden Steps Aba Nj LLC NJ$2.1M · 2.02%
Autism Community Services NJ$221K · 1.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 221893046 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.