Plan Ledger DOL Form 5500 · updated monthly

Pressler, Felt & Warshaw, LLP401(k)

PRESSLER, FELT & WARSHAW, LLP PROFIT SHARING PLAN · PARSIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Pressler, Felt & Warshaw, LLP reported $29,046 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $174 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 fell from 0.30% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,481st of 2,419), and 7,868th of 11,654 in professional & technical services. In 2024, employees put in $25.25 for every $1.00 the employer contributed; active participation has shrunk from 173 to 115 since 2022.

Plan summary
Net assets, end of year$10,417,417
Participants with balances145
Active participants115
Employer contributions$20,051
Employee contributions$506,235
Employer contribution per active participant$174
Average account balance$71,844
Benefits paid to participants$980,437
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 145 accts · $20K emplr
2023$9.7M · 154 accts · $26K emplr
2022$8.3M · 174 accts · $30K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,078
Investment management$12,968
Total administrative$29,046
The Pressler, Felt & Warshaw, LLP 401(k) match · 2024
Employer contribution per active participant$174
Median for plans this size$2,416
2024$174 per active participant
2023$157 per active participant
2022$171 per active participant

Pressler, Felt & Warshaw, LLP's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NEWPORT GROUP, INC. · Recordkeeping$16,078
PNC INSTITUTIONAL ASSET MANAGEMENT · Investment advisory (plan)$12,968

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$29,046 · 0.29%
2023$20,467 · 0.23%
2022$30,879 · 0.30%
Same employer
Similar plansProfessional & Technical Services · New Jersey
South Jersey Legal Services NJ$10.9M · 0.10%
Weiner Law Group LLP NJ$10.8M · 0.57%
Smartlinx Solutions, LLC NJ$10.3M · 0.59%
Warehouse Solutions, Inc. NJ$10.1M · 0.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 226250869 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.