Plan Ledger DOL Form 5500 · updated monthly

Ray Catena Motor Car Corporation401(k)

RAY CATENA MOTOR CAR CORPORATION 401(K) PLAN & TRUST · EDISON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.50%

Ray Catena Motor Car Corporation reported $230,245 in plan administrative expenses for 2024: 0.50% 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 fell from 0.65% to 0.50%. 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 584th-largest of 2,419 plans among New Jersey employers on file, and the 665th of 5,215 in retail trade.

Plan summary
Net assets, end of year$48,578,683
Participants with balances547
Active participants1,277
Employer contributions—
Employee contributions$3,397,661
Employer contribution per active participant—
Average account balance$88,809
Benefits paid to participants$3,060,678
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.6M · 547 accts
2023$42.8M · 530 accts
2022$37.7M · 509 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$230,245
Total administrative$230,245
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
JOHN HANCOCK · Recordkeeping · Investment management$91,489

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$230,245 · 0.50%
2023$218,329 · 0.54%
2022$262,378 · 0.65%
Same employer
Similar plansRetail Trade · New Jersey
Ronetco Supermarkets, Inc. NJ$60.4M · 0.04%
Kuiken Brothers Co. Inc NJ$57.8M · 0.07%
Hudson Grouphg, Inc. NJ$53.5M · 0.78%
H. Betti Industries Inc. NJ$47.8M · 0.03%
Cipla USA NJ$44.6M · 0.13%
Paul Miller, Inc. NJ$44.4M · 0.44%
Dialamerica Marketing, Inc. NJ$42.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222368198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.