Plan Ledger DOL Form 5500 · updated monthly

New Jersey Performing Arts Center Corporation401(k)

NEW JERSEY PERFORMING ARTS CENTER 401(K) PLAN · NEWARK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

New Jersey Performing Arts Center Corporation reported $87,575 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,119 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 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,185th-largest of 2,419 plans among New Jersey employers on file, and the 487th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $3.99 for every $1.00 the employer contributed; active participation has grown from 117 to 134 since 2022.

Plan summary
Net assets, end of year$16,161,472
Participants with balances168
Active participants134
Employer contributions$283,925
Employee contributions$1,132,093
Employer contribution per active participant$2,119
Average account balance$96,199
Benefits paid to participants$897,289
Plan auditUnmodified (clean) audit opinion
AuditorEISNER AMPER
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 168 accts · $284K emplr
2023$14.1M · 163 accts · $246K emplr
2022$11.8M · 158 accts · $216K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,575
Total administrative$87,575
The New Jersey Performing Arts Center Corporation 401(k) match · 2024
Employer contribution per active participant$2,119
Median for plans this size$2,416
2024$2,119 per active participant
2023$1,965 per active participant
2022$1,843 per active participant

New Jersey Performing Arts Center Corporation's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$87,575
EISNER AMPER LLP · Accounting / auditindirect comp
LPL FINANCIAL LLC · Other servicesindirect comp

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$87,575 · 0.58%
2023$78,685 · 0.61%
2022$66,972 · 0.59%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 222889703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.