Plan Ledger DOL Form 5500 · updated monthly

Reedmark Advisers LLC401(k)

SRL REEDMARK POOLED EMPLOYER PLAN · SOMERVILLE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Reedmark Advisers LLC reported $14,426 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $186 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 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New Jersey (2,002nd of 2,419), and 4,552nd of 4,798 in finance & insurance. In 2024, employees put in $3.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,623,612
Participants with balances117
Active participants538
Employer contributions$100,000
Employee contributions$386,228
Employer contribution per active participant$186
Average account balance$30,971
Benefits paid to participants$36,933
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,426
Total administrative$14,426
The Reedmark Advisers LLC 401(k) match · 2024
Employer contribution per active participant$186
Median for plans this size$1,313

Reedmark Advisers LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20242
REEDMARK ADVISORS LLC · Recordkeeping · Loan processing$7,609
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$6,818

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

Administrative cost history1
2024$14,426 · 0.40%
Similar plansFinance & Insurance · New Jersey
Family First Funding, LLC NJ$7.5M · 0.38%
First Commerce Bank NJ$4.2M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472223502 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.