Plan Ledger DOL Form 5500 · updated monthly

Ranch Hope, Inc.401(k)

RANCH HOPE, INC. 401(K) PLAN · ALLOWAY, NJ · plan year 2022

Reported admin expense ratio · 2022
1.27%

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

Ranch Hope, Inc. reported $19,533 in plan administrative expenses for 2022: 1.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $693 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 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (2,169th of 2,419), and 10,268th of 11,911 in health care & social assistance. In 2022, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,731,580
Participants with balances85
Active participants162
Employer contributions$112,286
Employee contributions$186,985
Employer contribution per active participant$693
Average account balance$20,372
Benefits paid to participants$51,037
Plan auditUnmodified (clean) audit opinion
AuditorFORD, SCOTT & ASSOCIATES, LLC
Administrative expenses, itemized · 2022
Professional / advisory$19,533
Total administrative$19,533
The Ranch Hope, Inc. 401(k) match · 2022
Employer contribution per active participant$693
Median for plans this size$1,114

Ranch Hope, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$19,533 · 1.27%
Same employer
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Nutrasourcerd LLC NJ$2.0M · 1.49%
Gem Rehab Pt Ot Slp PLLC NJ$1.9M · 0.14%
Smile Central Dental P.C. NJ$1.6M · 0.37%
Prevention Links NJ$1.5M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221739545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.