Plan Ledger DOL Form 5500 · updated monthly

Renaissance Lakewood, LLC401(k)

RENAISSANCE LAKEWOOD, LLC. 401(K) PLAN · LAKEWOOD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Renaissance Lakewood, LLC reported $156,370 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $3,844 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 3 years on file its reported administrative ratio has held roughly steady near 0.320%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 553rd-largest of 2,419 plans among New Jersey employers on file, and the 3,014th of 13,661 in manufacturing. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has grown from 331 to 366 since 2022.

Plan summary
Net assets, end of year$53,180,512
Participants with balances534
Active participants366
Employer contributions$1,406,827
Employee contributions$3,393,086
Employer contribution per active participant$3,844
Average account balance$99,589
Benefits paid to participants$3,730,284
Plan auditUnmodified (clean) audit opinion
AuditorMCGUCKIN, SHATZ & WHITE, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$53.2M · 534 accts · $1.4M emplr
2023$44.5M · 517 accts · $1.2M emplr
2022$36.7M · 500 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,645
Investment management$69,725
Total administrative$156,370
The Renaissance Lakewood, LLC 401(k) match · 2024
Employer contribution per active participant$3,844
Median for plans this size$2,416
2024$3,844 per active participant
2023$3,421 per active participant
2022$3,372 per active participant

Renaissance Lakewood, LLC's 2024 employer contribution ran above 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$86,644
MORGAN STANLEY GLOBAL · Investment advisory (plan)$69,738

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$156,370 · 0.32%
2023$130,913 · 0.32%
2022$126,188 · 0.32%
Same employer
Similar plansManufacturing · New Jersey
Kedrion Biopharma, Inc. NJ$61.3M · 0.34%
Pmc Group N.A., Inc. NJ$59.8M · 0.17%
Comar, LLC NJ$59.6M · 0.24%
Pny Technologies, Inc. NJ$54.4M · 0.03%
Hartz Mountain Corporation NJ$51.7M · 0.16%
Astrodyne Corporation NJ$51.5M · 0.17%
Ekaterra 401(K) Plan NJ$50.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223840741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.