Plan Ledger DOL Form 5500 · updated monthly

Norris McLaughlin, P.A.401(k)

NORRIS MCLAUGHLIN, P.A. THRIFT SAVINGS PLAN · BRIDGEWATER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Norris McLaughlin, P.A. reported $83,306 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $4,084 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 0.117%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 436th-largest of 2,419 plans among New Jersey employers on file, and the 1,923rd of 11,654 in professional & technical services. In 2024, employees put in $2.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$75,641,353
Participants with balances230
Active participants175
Employer contributions$714,616
Employee contributions$2,027,075
Employer contribution per active participant$4,084
Average account balance$328,875
Benefits paid to participants$4,866,148
Plan auditUnmodified (clean) audit opinion
AuditorCOHN REZNICK
Plan history3
Yearassets · accounts · employer contribution
2024$75.6M · 230 accts · $715K emplr
2023$67.4M · 254 accts · $602K emplr
2022$65.5M · 233 accts · $620K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,306
Investment management$54,000
Total administrative$83,306
The Norris McLaughlin, P.A. 401(k) match · 2024
Employer contribution per active participant$4,084
Median for plans this size$3,635
2024$4,084 per active participant
2023$3,628 per active participant
2022$3,829 per active participant

Norris McLaughlin, P.A.'s 2024 employer contribution ran above the $3,635 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 · 20242
PRIVATE ADVISOR GROUP LLC · Investment advisory (plan)$54,000

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$83,306 · 0.12%
2023$79,902 · 0.12%
2022$88,555 · 0.12%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Sax LLP NJ$77.4M · 0.07%
Bressler, Amery & Ross P.C. NJ$77.1M · 0.28%
Mindtree LTD. NJ$75.9M · 0.26%
Udc, Inc NJ$75.4M · 0.23%
Med-Metrix LLC NJ$74.9M · 0.62%
Rcm Technologies, Inc. NJ$72.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621408127 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.