Plan Ledger DOL Form 5500 · updated monthly

Ramsey Auto Group403(b)

RAMSEY AUTO GROUP 401(K) SAVINGS PLAN · RAMSEY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.51%

Ramsey Auto Group reported $83,781 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. 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 0.26% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,124th-largest of 2,419 plans among New Jersey employers on file, and the 1,630th of 5,215 in retail trade.

Plan summary
Net assets, end of year$17,949,777
Participants with balances659
Active participants436
Employer contributions—
Employee contributions$1,684,690
Employer contribution per active participant—
Average account balance$27,238
Benefits paid to participants$836,430
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH & BROWN
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 659 accts
2023$14.9M · 588 accts
2022$11.9M · 486 accts · $3K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,177
Investment management$54
Total administrative$83,781
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
CORNERSTONE PLANNING GROUPindirect comp

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$83,781 · 0.51%
2023$22,727 · 0.17%
2022$33,484 · 0.26%
Same employer
Similar plansRetail Trade · New Jersey
Brown's Super Stores, Inc. NJ$18.8M · 0.06%
Ippc Inc NJ$18.0M · 0.37%
Pine Belt Automotive, Inc. NJ$15.8M · 0.02%
Sunrise Shoprite, Inc. NJ$15.7M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223340645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.