Plan Ledger DOL Form 5500 · updated monthly

Princetel, Inc.401(k)

PRINCETEL, INC. 401(K) PLAN · HAMILTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Princetel, Inc. reported $19,884 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $2,274 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 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,829th of 2,419), and 10,861st of 13,661 in manufacturing. In 2024, employees put in $2.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,668,440
Participants with balances117
Active participants85
Employer contributions$193,321
Employee contributions$532,975
Employer contribution per active participant$2,274
Average account balance$48,448
Benefits paid to participants$395,632
Plan auditUnmodified (clean) audit opinion
The Princetel, Inc. 401(k) match · 2024
Employer contribution per active participant$2,274
Median for plans this size$1,313

Princetel, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
COMMONWEALTH EQUITY SERVICES LLC · Investment advisory (plan)$21,113

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

Administrative cost history1
2024$19,884 · 0.35%
Similar plansManufacturing · New Jersey
Bridor USA Inc. NJ$5.9M · 0.08%
All American Poly NJ$5.9M · 0.56%
Cambridge Pavers Inc. NJ$5.8M · 0.74%
Mulhern Belting, Inc. NJ$5.7M · 0.23%
Bylada Foods, LLC NJ$5.6M · 0.46%
Amlt Holding, Inc. NJ$5.4M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223758755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.