Plan Ledger DOL Form 5500 · updated monthly

Parade Enterprises, LLC401(k)

PARADE ENTERPRISES LLC, 401K PLAN · OLD BRIDGE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.96%

Parade Enterprises, LLC reported $5,060 in plan administrative expenses for 2024: 0.96% of average plan assets, below the peer median. 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 5 years on file its reported administrative ratio fell from 1.66% to 0.96%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New Jersey (2,284th of 2,419), and 1,881st of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$565,812
Participants with balances304
Active participants4,614
Employer contributions—
Employee contributions$62,211
Employer contribution per active participant—
Average account balance$1,861
Benefits paid to participants$43,443
Plan auditUnmodified (clean) audit opinion
AuditorDORFMAN ABRAMS MUSIC, LLC
Plan history5
Yearassets · accounts · employer contribution
2024$566K · 304 accts
2023$487K · 309 accts
2022$391K · 310 accts
2020$401K · 325 accts
2019$267K · 330 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,060
Total administrative$5,060
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$5,059
WILSHIRE ADVISORS LLC · 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 history5
2024$5,060 · 0.96%
2023$4,116 · 0.94%
2022$5,719 · 1.31%
2020$4,012 · 1.20%
2019$3,756 · 1.66%
Similar plansAccommodation & Food Services · New Jersey
Devs Foods, LLC NJ$814K · 8.09%
Natc Donuts Inc NJ$703K · 0.52%
Aj Foods, Inc. NJ$530K · 0.62%
Butler Hospitality NJ$383K · 8.35%
Pcf Restaurant Group LLC NJ$273K · 10.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200509454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.