Plan Ledger DOL Form 5500 · updated monthly

Northeast Remsco Construction Inc.401(k)

NORTHEAST REMSCO CONSTRUCTION INC. 401(K) PLAN · WALL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Northeast Remsco Construction Inc. reported $25,141 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $6,345 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 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,066th-largest of 2,419 plans among New Jersey employers on file, and the 1,984th of 5,337 in construction. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has shrunk from 138 to 116 since 2022.

Plan summary
Net assets, end of year$20,547,667
Participants with balances161
Active participants116
Employer contributions$735,966
Employee contributions$1,209,844
Employer contribution per active participant$6,345
Average account balance$127,625
Benefits paid to participants$944,314
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 161 accts · $736K emplr
2023$17.1M · 212 accts · $651K emplr
2022$13.8M · 232 accts · $604K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,250
Investment management$18,341
Total administrative$25,141
The Northeast Remsco Construction Inc. 401(k) match · 2024
Employer contribution per active participant$6,345
Median for plans this size$2,416
2024$6,345 per active participant
2023$5,863 per active participant
2022$4,376 per active participant

Northeast Remsco Construction Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$20,287
MORNINGSTAR · Investment advisory (plan)indirect comp
PENSERV, INC. · 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$25,141 · 0.13%
2023$10,519 · 0.07%
2022$20,722 · 0.14%
Similar plansConstruction · New Jersey
Earle Companies NJ$22.5M · 0.53%
A.C.S. & Sons, Inc. NJ$20.8M · 0.46%
Currie & Brown, Inc. NJ$20.7M · 0.28%
Cca Construction, Inc. NJ$17.7M · 0.19%
Crisdel Group, Inc. NJ$16.6M · 1.26%
Cs Energy, LLC NJ$15.8M · 0.50%
Kubik Maltbie, Inc. NJ$15.6M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223131714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.