Plan Ledger DOL Form 5500 · updated monthly

Reciprocal Management Corporat401(k)

RECIPROCAL MANAGEMENT CORPORATION 401(K) RETIREMENT PLAN · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Reciprocal Management Corporat reported $2,058 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,911 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.

Across the 2 years on file its reported administrative ratio fell from 0.03% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,045th-largest of 2,419 plans among New Jersey employers on file, and 2,963rd of 4,798 in finance & insurance. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 235 to 298 since 2022.

Plan summary
Net assets, end of year$21,120,334
Participants with balances392
Active participants298
Employer contributions$569,419
Employee contributions$1,219,490
Employer contribution per active participant$1,911
Average account balance$53,878
Benefits paid to participants$3,794,610
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 392 accts · $569K emplr
2023$20.0M · 301 accts · $556K emplr
2022$18.3M · 283 accts · $488K emplr
The Reciprocal Management Corporat 401(k) match · 2024
Employer contribution per active participant$1,911
Median for plans this size$2,416
2024$1,911 per active participant
2023$2,482 per active participant
2022$2,077 per active participant

Reciprocal Management Corporat's 2024 employer contribution ran below the $2,416 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 · 20243
UBS FINANCIAL SERVICES INC$2,058
RBC CAPITAL MARKETS LLCindirect 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$2,058 · 0.01%
2023$2,135 · 0.01%
2022$6,019 · 0.03%
Same employer
Similar plansFinance & Insurance · New Jersey
Summit Financial, LLC NJ$23.0M · 0.02%
Nj Lenders Corp. NJ$22.8M · 0.31%
Bcb Community Bank NJ$21.8M · 0.04%
Blue Foundry Bank NJ$21.4M · 0.19%
Somerset Regal Bank NJ$19.9M · 0.30%
Bluevine Inc. NJ$19.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223007014 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.