Plan Ledger DOL Form 5500 · updated monthly

Prime Pensions, Inc.401(k)

PRIME PENSIONS, INC. 401(K) PLAN · FLORHAM PARK, NJ · plan year 2025

Reported admin expense ratio · 2025
0.23%

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

Prime Pensions, Inc. reported $49,226 in plan administrative expenses for 2025: 0.23% of average plan assets, below the peer median. Employer contributions averaged $6,168 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 $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 960th-largest of 2,419 plans among New Jersey employers on file, and the 4,929th of 11,654 in professional & technical services. In 2025, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,829,571
Participants with balances144
Active participants107
Employer contributions$659,975
Employee contributions$1,114,225
Employer contribution per active participant$6,168
Average account balance$165,483
Benefits paid to participants$808,606
Plan auditUnmodified (clean) audit opinion
AuditorSONZOGNI, BOTTITTO & COOPER LLC
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$49,226
Total administrative$49,226
The Prime Pensions, Inc. 401(k) match · 2025
Employer contribution per active participant$6,168
Median for plans this size$2,666

Prime Pensions, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
JOHN HANCOCK LIFE INSURANCE · Recordkeeping$1,164
ALLWORTH FINANCIAL · Investment advisory (participants)indirect comp

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

Administrative cost history1
2025$49,226 · 0.23%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Metrixlab US Inc NJ$24.1M · 0.14%
Hillmann Consulting, LLC NJ$23.9M · 0.62%
Hill Wallack LLP NJ$23.9M · 0.61%
Canonical USA NJ$23.8M · 0.30%
Chinook Therapeutics, Inc. NJ$23.8M · 0.05%
Labvantage Solutions, Inc NJ$23.8M · 0.01%
Sovereign Consulting Inc. NJ$23.7M · 0.09%
Ellkay LLC NJ$23.6M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461224594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.