Plan Ledger DOL Form 5500 · updated monthly

Party Rental LTD.401(k)

PARTY RENTAL LTD. 401(K) PLAN · TETERBORO, NJ · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

Party Rental LTD. reported $95,722 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,054 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 rose from 0.73% to 0.86%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New Jersey (1,410th of 2,419), and the 1,000th of 2,096 in real estate & leasing. In 2024, employees put in $6.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,844,823
Participants with balances821
Active participants240
Employer contributions$253,070
Employee contributions$1,740,121
Employer contribution per active participant$1,054
Average account balance$14,427
Benefits paid to participants$1,518,353
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 821 accts · $253K emplr
2023$10.3M · 779 accts · $191K emplr
2022$8.0M · 752 accts · $172K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,598
Investment management$33,124
Total administrative$95,722
The Party Rental LTD. 401(k) match · 2024
Employer contribution per active participant$1,054
Median for plans this size$2,416
2024$1,054 per active participant
2023$854 per active participant
2022$729 per active participant

Party Rental LTD.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
ADP, INC. · Loan processing · Recordkeeping$62,598
FORUS, INC. · Recordkeeping · Trustee$33,124

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

Recordkeeper by year2
2024ADP, FORUS, INC.
2023ADP, FORUS, INC.

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

Administrative cost history3
2024$95,722 · 0.86%
2023$76,393 · 0.83%
2022$61,557 · 0.73%
Same employer
Similar plansReal Estate & Leasing · New Jersey
The Jack Parker Corporation NJ$12.9M · 0.37%
Urby, LLC NJ$10.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221961258 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.