Plan Ledger DOL Form 5500 · updated monthly

Pine Belt Enterprises, Inc.401(k)

PINE BELT ENTERPRISES RETIREMENT PLAN · LAKEWOOD, NJ · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Pine Belt Enterprises, Inc. reported $675 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,632 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Jersey (1,674th of 2,419), and 3,099th of 5,215 in retail trade. In 2022, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,785,334
Participants with balances84
Active participants189
Employer contributions$308,425
Employee contributions$608,008
Employer contribution per active participant$1,632
Average account balance$92,683
Benefits paid to participants$1,769,853
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH BROWN
The Pine Belt Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$1,632
Median for plans this size$1,114

Pine Belt Enterprises, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$675 · 0.01%
Same employer
Similar plansRetail Trade · New Jersey
Specialty Rx, Inc. NJ$8.0M · 0.15%
Malouf Buick-Gmc, Inc. NJ$7.9M · 0.78%
Artistic Tile, Inc. NJ$7.9M · 0.18%
Hamilton Company Jewelers NJ$7.5M · 0.76%
Long Motors Company NJ$7.2M · 0.37%
Forman Mills NJ$6.9M · 0.36%
Liscio's Italian Bakery NJ$6.7M · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210537055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.