Plan Ledger DOL Form 5500 · updated monthly

Paige Electric Co., L.P.401(k)

PAIGE ELECTRIC CO., L.P. 401(K) PROFIT SHARING PLAN · MOUNTAINSIDE, NJ · plan year 2022

Reported admin expense ratio · 2022
0.25%

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

Paige Electric Co., L.P. reported $68,741 in plan administrative expenses for 2022: 0.25% of average plan assets, below the peer median. Employer contributions averaged $5,500 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 has held roughly steady near 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,002nd-largest of 2,419 plans among New Jersey employers on file, and the 1,706th of 4,246 in wholesale trade. In 2022, employees put in $1.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,675,957
Participants with balances132
Active participants100
Employer contributions$550,000
Employee contributions$620,754
Employer contribution per active participant$5,500
Average account balance$171,788
Benefits paid to participants$4,749,097
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$19.1M · 125 accts · $550K emplr
2022$22.7M · 132 accts · $550K emplr
Administrative expenses, itemized · 2022
Investment management$46,153
Professional / advisory$22,588
Total administrative$68,741
The Paige Electric Co., L.P. 401(k) match · 2022
Employer contribution per active participant$5,500
Median for plans this size$2,266
2023$5,392 per active participant
2022$5,500 per active participant

Paige Electric Co., L.P.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$53,840 · 0.26%
2022$68,741 · 0.25%
Same employer
Similar plansWholesale Trade · New Jersey
Arett Sales Corporation NJ$25.0M · 0.13%
Sunshine Bouquet Company NJ$23.7M · 0.25%
High Grade Beverage NJ$22.7M · 0.09%
Wallpaper Imports Inc. NJ$22.2M · 0.06%
General Trading Co., Inc. NJ$21.2M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223148731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.