Plan Ledger DOL Form 5500 · updated monthly

Occupational Training Center of Burlington County, Inc.Profit-sharing plan

THE 401(A) PROFIT SHARING PLAN OF OCCUPATIONAL TRAINING CENTER OF BURLINGTON COUNTY, INC. · BURLINGTON TOWNSHIP, NJ · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Occupational Training Center of Burlington County, Inc. reported $58,026 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $878 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 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,714th of 2,419), and 6,731st of 11,911 in health care & social assistance. active participation has grown from 629 to 702 since 2022.

Plan summary
Net assets, end of year$7,307,672
Participants with balances473
Active participants702
Employer contributions$616,500
Employee contributions—
Employer contribution per active participant$878
Average account balance$15,450
Benefits paid to participants$1,407,707
Plan auditUnmodified (clean) audit opinion
AuditorMERCADIEN PC
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 473 accts · $617K emplr
2023$7.3M · 478 accts · $626K emplr
2022$6.6M · 536 accts · $699K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,757
Investment management$17,269
Total administrative$58,026
Employer contributions to the Occupational Training Center of Burlington County, Inc. plan · 2024
Employer contribution per active participant$878
Median for plans this size$1,313
2024$878 per active participant
2023$910 per active participant
2022$1,111 per active participant

Occupational Training Center of Burlington County, Inc.'s 2024 employer contribution ran below the $1,313 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
EPIC RETIREMENT PLAN SERVCIES · Recordkeeping · Participant communication$40,757
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (plan)$17,269

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$58,026 · 0.79%
2023$59,350 · 0.86%
2022$57,029 · 0.78%
All plans at this employer2
THE 401(A) PROFIT SHARING PLAN OF OCCUPATIONAL TRAINING CENTER OF BURLINGTON COUNTY, INC.Profit-sharing plan
OCCUPATIONAL TRAINING CENTER OF BURLINGTON COUNTY, INC. 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Family Connections Inc. NJ$7.6M · 0.29%
Integrity, Inc. NJ$7.5M · 0.35%
P.R.O.C.E.E.D. Inc. NJ$7.1M · 0.44%
Monmouth Cares, Inc. NJ$6.8M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221735360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.