Plan Ledger DOL Form 5500 · updated monthly

Pcs Wireless401(k)

PCS WIRELESS 401(K) PLAN · FLORHAM PARK, NJ · plan year 2023

Reported admin expense ratio · 2023
0.54%

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

Pcs Wireless reported $8,610 in plan administrative expenses for 2023: 0.54% of average plan assets, above the peer median. Employer contributions averaged $155 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 1 year on file its reported administrative ratio rose from 0.30% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (2,153rd of 2,419), and 12,856th of 13,661 in manufacturing. In 2023, employees put in $8.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,937,176
Participants with balances695
Active participants441
Employer contributions$68,540
Employee contributions$588,526
Employer contribution per active participant$155
Average account balance$2,787
Benefits paid to participants$245,115
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.9M · 695 accts · $69K emplr
2022$1.3M · 453 accts · $19K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,610
Total administrative$8,610
The Pcs Wireless 401(k) match · 2023
Employer contribution per active participant$155
Median for plans this size$1,308
2023$155 per active participant
2022$36 per active participant

Pcs Wireless's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$8,610 · 0.54%
2022$3,460 · 0.30%
Same employer
Similar plansManufacturing · New Jersey
Rk Pharma NJ$2.3M · 1.24%
Ruggiero Seafood, Inc. NJ$1.8M · 1.01%
Lotito Foods Holding, LLC NJ$1.4M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263814779 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.