Plan Ledger DOL Form 5500 · updated monthly

Redline Automotive Merchandising LLC401(k)

REDLINE AUTOMOTIVE MERCHANDISING, LLC 401(K) PROFIT SHARING PLAN & TRUST · HADDONFIELD, NJ · plan year 2023

Reported admin expense ratio · 2023
0.48%

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

Redline Automotive Merchandising LLC reported $11,115 in plan administrative expenses for 2023: 0.48% of average plan assets, below the peer median. Employer contributions averaged $1,225 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 1 year on file its reported administrative ratio rose from 0.42% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (2,095th of 2,419), and 10,711th of 11,654 in professional & technical services. In 2023, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,496,436
Participants with balances65
Active participants145
Employer contributions$177,612
Employee contributions$253,842
Employer contribution per active participant$1,225
Average account balance$38,407
Benefits paid to participants$407,803
Plan auditUnmodified (clean) audit opinion
AuditorMOWERY & SCHOENFELD, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$2.5M · 65 accts · $178K emplr
2022$2.1M · 103 accts · $141K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,078
Investment management$37
Total administrative$11,115
The Redline Automotive Merchandising LLC 401(k) match · 2023
Employer contribution per active participant$1,225
Median for plans this size$1,308
2023$1,225 per active participant
2022$1,137 per active participant

Redline Automotive Merchandising LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PAYCHEX, INC. · Recordkeeping$7,070
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,045

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

Administrative cost history2
2023$11,115 · 0.48%
2022$9,027 · 0.42%
Similar plansProfessional & Technical Services · New Jersey
Gdb International Inc NJ$2.8M · 0.69%
Lenfam Management Company NJ$2.6M · 0.47%
Smart Ims NJ$2.5M · 0.46%
Devon Rex Vets PC NJ$2.4M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454135566 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.