Plan Ledger DOL Form 5500 · updated monthly

National Employee Management Resources, LLC401(k)

NATIONAL EMPLOYEE MANAGEMENT RESOURCES RETIREMENT SAVINGS PLAN · MARLTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

National Employee Management Resources, LLC reported $171,238 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,116 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 3 years on file its reported administrative ratio has held roughly steady near 0.882%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 1,089th-largest of 2,419 plans among New Jersey employers on file, and 444th of 786 in management of companies. In 2024, employees put in $2.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,651,539
Participants with balances396
Active participants537
Employer contributions$599,152
Employee contributions$1,678,406
Employer contribution per active participant$1,116
Average account balance$49,625
Benefits paid to participants$6,532,060
Plan auditUnmodified (clean) audit opinion
AuditorBARATZ & ASSOCIATES, PA
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 396 accts · $599K emplr
2023$19.2M · 336 accts · $552K emplr
2022$16.2M · 387 accts · $493K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$171,238
Total administrative$171,238
The National Employee Management Resources, LLC 401(k) match · 2024
Employer contribution per active participant$1,116
Median for plans this size$2,416
2024$1,116 per active participant
2023$1,187 per active participant
2022$858 per active participant

National Employee Management Resources, 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 · 20245
HFM INVESTMENT ADVISORS LLC · Investment advisory (plan)$65,758
ASCENSUS HOLDINGS INC · Contract administrator$39,379
BARATZ & ASSOCIATES$14,999
EMPOWER ADVISORY GROUP · Investment management$9,673

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

Administrative cost history3
2024$171,238 · 0.88%
2023$145,539 · 0.82%
2022$141,189 · 0.88%
Similar plansManagement of Companies · New Jersey
Colas Inc and Subsidiaries NJ$555.2M · 0.14%
Halma Holdings Inc. NJ$294.0M · 0.15%
Indel Inc. NJ$99.1M · 0.02%
Redi-Direct Marketing, Inc. NJ$21.7M · 0.09%
Inductotherm Corp NJ$15.8M · 0.21%
Conti Civil, LLC NJ$15.7M · 0.57%
Metalico, Inc. NJ$12.5M · 0.09%
Quattro Foods Group, LLC NJ$11.8M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223642079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.