Plan Ledger DOL Form 5500 · updated monthly

Peoplestrategy, Inc.401(k)

PEOPLESTRATEGY, INC. RETIREMENT PLAN · EDISON, NJ · plan year 2023

Reported admin expense ratio · 2023
0.55%

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

Peoplestrategy, Inc. reported $37,607 in plan administrative expenses for 2023: 0.55% of average plan assets, above the peer median. Employer contributions averaged $2,979 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 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New Jersey (1,745th of 2,419), and 1,737th of 2,199 in information & media. In 2023, employees put in $2.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,798,192
Participants with balances93
Active participants45
Employer contributions$134,077
Employee contributions$387,580
Employer contribution per active participant$2,979
Average account balance$73,099
Benefits paid to participants$1,478,529
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$6.8M · 93 accts · $134K emplr
2022$6.8M · 121 accts · $176K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,607
Total administrative$37,607
The Peoplestrategy, Inc. 401(k) match · 2023
Employer contribution per active participant$2,979
Median for plans this size$1,308
2023$2,979 per active participant
2022$2,204 per active participant

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

Service providers · 20234
FOREST CAPITAL MANAGEMENT LLC · Investment advisory (plan)$16,666
ALTIGRO PENSION SERVICES INC · Contract administrator$12,000
EMPOWER ADVISORY GROUP, LLC · Investment management$1,492

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

Administrative cost history2
2023$37,607 · 0.55%
2022$49,934 · 0.58%
Similar plansInformation & Media · New Jersey
Spectrotel Holding Co. LLC NJ$12.0M · 0.15%
Johnston G.P., Inc. NJ$11.8M · 0.68%
Parachute Health, LLC NJ$10.1M · 0.08%
Leap Group Holdings, Inc. NJ$5.8M · 0.34%
East Coast News NJ$4.6M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221970843 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.