Plan Ledger DOL Form 5500 · updated monthly

New Meadowlands Racetrack LLC401(k)

NEW MEADOWLANDS RACETRACK LLC 401(K) PROFIT SHARING PLAN · EAST RUTHERFORD, NJ · plan year 2022

Reported admin expense ratio · 2022
0.72%

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

New Meadowlands Racetrack LLC reported $15,744 in plan administrative expenses for 2022: 0.72% of average plan assets, above the peer median. Employer contributions averaged $426 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in New Jersey (2,141st of 2,419), and 1,144th of 1,311 in arts, entertainment & recreation. In 2022, employees put in $2.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,059,101
Participants with balances56
Active participants166
Employer contributions$70,769
Employee contributions$201,326
Employer contribution per active participant$426
Average account balance$36,770
Benefits paid to participants$111,524
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM, LLP
Administrative expenses, itemized · 2022
Investment management$15,744
Total administrative$15,744
The New Meadowlands Racetrack LLC 401(k) match · 2022
Employer contribution per active participant$426
Median for plans this size$1,114

New Meadowlands Racetrack LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,744 · 0.72%
All plans at this employer2
NEW MEADOWLANDS RACETRACK LLC 401(K) PROFIT SHARING PLAN401(k)
NEW MEADOWLANDS RACETRACK LOCAL UNION108 401(K) PROFIT SHARING PLAN401(k)
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Canoe Brook Country Club NJ$4.8M · 0.50%
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Island Spa & Sauna NJ$884K · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274518827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.