Plan Ledger DOL Form 5500 · updated monthly

Ncaar-Bh401(k)

NCAAR-BH PROFIT SHARING PLAN · ROBBINSVILLE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Ncaar-Bh reported $71,933 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $4,963 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 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New Jersey (1,524th of 2,419), and 1,673rd of 3,341 in other services. In 2024, the employer put in $2.98 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,841,866
Participants with balances147
Active participants98
Employer contributions$486,329
Employee contributions$163,071
Employer contribution per active participant$4,963
Average account balance$66,951
Benefits paid to participants$284,358
Plan auditUnmodified (clean) audit opinion
AuditorHOLMAN FRENIA ALLISION, PC
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 147 accts · $486K emplr
2023$8.6M · 144 accts · $575K emplr
2022$7.3M · 154 accts · $674K emplr
The Ncaar-Bh 401(k) match · 2024
Employer contribution per active participant$4,963
Median for plans this size$1,313
2024$4,963 per active participant
2023$5,751 per active participant
2022$6,548 per active participant

Ncaar-Bh's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
NATIONWIDE · Recordkeepingindirect comp
RED BANK PENSION SERVICES, INC. · Other services$5,140
HOLMAN FRENIA ALLISON PC · Accounting / audit · Other servicesindirect comp
PETER A. NUSSBAUMindirect comp

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$71,933 · 0.78%
2023$15,897 · 0.20%
2022$55,568 · 0.81%
Similar plansOther Services · New Jersey
Raymond of New Jersey LLC NJ$12.2M · 0.52%
I.B.E.W. Local 1158 NJ$11.6M · 0.98%
Kingsway Learning Center NJ$9.1M · 0.68%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 222436069 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.