Plan Ledger DOL Form 5500 · updated monthly

Npg Health, LLC401(k)

NPG HEALTH, LLC 401(K) PLAN · MORRISTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Npg Health, LLC reported $65,416 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,836 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,396th of 2,419), and 7,367th of 11,654 in professional & technical services. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,086,847
Participants with balances158
Active participants111
Employer contributions$869,813
Employee contributions$1,165,884
Employer contribution per active participant$7,836
Average account balance$76,499
Benefits paid to participants$216,071
Plan auditUnmodified (clean) audit opinion
AuditorSONZOGNI, BOTTITTO & COOPER, LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,416
Total administrative$65,416
The Npg Health, LLC 401(k) match · 2024
Employer contribution per active participant$7,836
Median for plans this size$2,416

Npg Health, LLC'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$65,416
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$65,416 · 0.62%
Similar plansProfessional & Technical Services · New Jersey
P-Value Communications NJ$12.5M · 0.45%
Miles IT Company NJ$12.3M · 0.22%
Giir America Inc. NJ$12.2M · 0.05%
Niksun, Inc. NJ$12.1M · 0.00%
Scarinci & Hollenbeck, LLC NJ$11.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831426217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.