Plan Ledger DOL Form 5500 · updated monthly

North American Filtration Holdings LLC401(k)

NORTH AMERICAN FILTRATION, INC. AND SUBSIDIARIES 401(K) PLAN · RAMSEY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

North American Filtration Holdings LLC reported $45,343 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $455 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 2 years on file its reported administrative ratio rose from 0.02% to 0.41%. 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 among the smaller plans on file in New Jersey (1,424th of 2,419), and 540th of 786 in management of companies. In 2024, employees put in $9.59 for every $1.00 the employer contributed; active participation has grown from 105 to 150 since 2022.

Plan summary
Net assets, end of year$11,684,125
Participants with balances100
Active participants150
Employer contributions$68,241
Employee contributions$654,429
Employer contribution per active participant$455
Average account balance$116,841
Benefits paid to participants$651,836
Plan auditUnmodified (clean) audit opinion
AuditorBRITT AND COMPANY CPA LLCPC.
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 100 accts · $68K emplr
2023$10.6M · 102 accts · $63K emplr
2022$9.8M · 103 accts · $65K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,575
Investment management$27,768
Total administrative$45,343
The North American Filtration Holdings LLC 401(k) match · 2024
Employer contribution per active participant$455
Median for plans this size$2,416
2024$455 per active participant
2023$443 per active participant
2022$618 per active participant

North American Filtration Holdings 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 · 20243
BLACKRIDGE ASSET MANAGEMENT LLC · Recordkeeping · Trustee$27,743
ADP, INC. · Loan processing · Recordkeeping$17,641
MESIROW FINANCIAL INVESTMENT MANAGE · Loan processingindirect 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
2024ADP, BLACKRIDGE ASSET MANAGEMENT LLC
2023ADP, BLACKRIDGE ASSET MANAGEMENT LLC

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

Administrative cost history3
2024$45,343 · 0.41%
2023$31,544 · 0.31%
2022$1,785 · 0.02%
Similar plansManagement of Companies · New Jersey
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%
Hengrui USA LTD NJ$10.0M · 0.06%
Vct Holdings, LLC NJ$9.5M · 0.88%
Um Holdings, LTD NJ$8.5M · 0.12%
Humedco Corp. NJ$4.6M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 874393736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.