Plan Ledger DOL Form 5500 · updated monthly

Msk Management, LLC401(k)

MSK MANAGEMENT 401(K) PLAN · EAST ORANGE, NJ · plan year 2024

Reported admin expense ratio · 2024
1.24%

Msk Management, LLC reported $13,069 in plan administrative expenses for 2024: 1.24% of average plan assets, higher than ~90% 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 2.99% to 1.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New Jersey (2,215th of 2,419), and 1,664th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$1,193,625
Participants with balances535
Active participants533
Employer contributions—
Employee contributions$299,806
Employer contribution per active participant—
Average account balance$2,231
Benefits paid to participants$132,367
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.2M · 535 accts
2023$911K · 581 accts
2022$558K · 627 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,069
Total administrative$13,069
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.

Administrative cost history3
2024$13,069 · 1.24%
2023$18,148 · 2.47%
2022$13,431 · 2.99%
Same employer
Similar plansAccommodation & Food Services · New Jersey
Cka Management, LLC NJ$2.1M · 1.37%
Timbers Inc NJ$1.8M · 0.44%
Jmm Industries, Inc. NJ$1.6M · 0.01%
Devs Foods, LLC NJ$814K · 8.09%
Natc Donuts Inc NJ$703K · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223622783 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.