Plan Ledger DOL Form 5500 · updated monthly

Oradell Animal Hospital, Inc.401(k)

ORADELL ANIMAL HOSPITAL, INC. PROFIT SHARING PLAN · PARAMUS, NJ · plan year 2022

Reported admin expense ratio · 2022
0.82%

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

Oradell Animal Hospital, Inc. reported $227,960 in plan administrative expenses for 2022: 0.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,446 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 fell from 0.82% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 863rd-largest of 2,419 plans among New Jersey employers on file, and the 4,369th of 11,654 in professional & technical services. In 2022, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,163,084
Participants with balances310
Active participants319
Employer contributions$461,152
Employee contributions$750,875
Employer contribution per active participant$1,446
Average account balance$90,849
Benefits paid to participants$853,751
Plan auditUnmodified (clean) audit opinion
AuditorSMOLIN, LUPIN & CO., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$26.3M · 338 accts · $712K emplr
2023$23.2M · 309 accts · $94K emplr
2022$28.2M · 310 accts · $461K emplr
Administrative expenses, itemized · 2022
Professional / advisory$227,960
Total administrative$227,960
The Oradell Animal Hospital, Inc. 401(k) match · 2022
Employer contribution per active participant$1,446
Median for plans this size$2,266
2024$2,139 per active participant
2023$288 per active participant
2022$1,446 per active participant

Oradell Animal Hospital, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$84,876 · 0.34%
2023$188,329 · 0.73%
2022$227,960 · 0.82%
Same employer
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Becht Engineering Co., Inc. NJ$29.4M · 0.56%
Harwood Lloyd, LLC NJ$28.6M · 0.04%
Thermo System LLC NJ$28.4M · 0.17%
Endava Inc. NJ$28.2M · 0.41%
Fi-Tek, LLC NJ$28.1M · 0.08%
Onex Credit Partners, LLC NJ$27.6M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221981683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.