Plan Ledger DOL Form 5500 · updated monthly

Picut Industries, Inc.401(k)

PICUT INDUSTRIES, INC. 401(K) SAVINGS PLAN · GARWOOD, NJ · plan year 2025

Reported admin expense ratio · 2025
0.26%

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

Picut Industries, Inc. reported $112,276 in plan administrative expenses for 2025: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,418 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 3 years on file its reported administrative ratio rose from 0.03% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 593rd-largest of 2,419 plans among New Jersey employers on file, and the 3,284th of 13,661 in manufacturing. In 2025, employees put in $2.35 for every $1.00 the employer contributed; active participation has grown from 329 to 384 since 2022.

Plan summary
Net assets, end of year$47,410,298
Participants with balances386
Active participants384
Employer contributions$928,639
Employee contributions$2,179,339
Employer contribution per active participant$2,418
Average account balance$122,825
Benefits paid to participants$2,236,925
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$47.4M · 386 accts · $929K emplr
2024$39.9M · 392 accts · $878K emplr
2023$35.5M · 386 accts · $828K emplr
2022$30.2M · 361 accts · $760K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$31,003
Investment management$81,273
Total administrative$112,276
The Picut Industries, Inc. 401(k) match · 2025
Employer contribution per active participant$2,418
Median for plans this size$2,666
2025$2,418 per active participant
2024$2,310 per active participant
2023$2,351 per active participant
2022$2,310 per active participant

Picut Industries, Inc.'s 2025 employer contribution ran below the $2,666 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$81,273
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,003

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

Administrative cost history4
2025$112,276 · 0.26%
2024$118,768 · 0.32%
2023$130,257 · 0.40%
2022$9,703 · 0.03%
Similar plansManufacturing · New Jersey
Tris Pharma, Inc. NJ$49.7M · 0.16%
True Capital Partners, LLC NJ$49.2M · 0.22%
Sk Life Science, Inc. NJ$49.0M · 0.25%
Rose Brand Wipers, Inc. NJ$45.5M · 0.21%
Edmund Optics, Inc. NJ$45.1M · 0.27%
Komline-Sanderson NJ$45.1M · 0.34%
Aak USA Inc NJ$44.3M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223146919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.