Plan Ledger DOL Form 5500 · updated monthly

Prc Management Company Inc.401(k)

PRC MANAGEMENT COMPANY, INC. 401(K) PLAN · RED BANK, NJ · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

Prc Management Company Inc. reported $12,817 in plan administrative expenses for 2023: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $913 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 0.21% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New Jersey (1,591st of 2,419), and 1,185th of 2,096 in real estate & leasing. In 2023, employees put in $4.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,929,057
Participants with balances118
Active participants130
Employer contributions$118,644
Employee contributions$502,007
Employer contribution per active participant$913
Average account balance$75,670
Benefits paid to participants$563,368
Plan auditUnmodified (clean) audit opinion
AuditorTHE CURCHIN GROUP LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 122 accts · $160K emplr
2023$8.9M · 118 accts · $119K emplr
2022$7.4M · 113 accts · $97K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,475
Investment management$11,342
Total administrative$12,817
The Prc Management Company Inc. 401(k) match · 2023
Employer contribution per active participant$913
Median for plans this size$1,308
2024$1,230 per active participant
2023$913 per active participant
2022$776 per active participant

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

Service providers · 20232
SAIPH CAPITAL LLC · Investment advisory (plan)$11,342
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,475

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

Administrative cost history3
2024$18,906 · 0.23%
2023$12,817 · 0.16%
2022$17,063 · 0.21%
Same employer
Similar plansReal Estate & Leasing · New Jersey
Urby, LLC NJ$10.1M · 0.10%
Taylor Management Company NJ$8.6M · 0.75%
Tallen, Inc. NJ$7.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222044347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.