Plan Ledger DOL Form 5500 · updated monthly

Richard a. Alaimo Associates401(k)

RICHARD A. ALAIMO ASSOCIATES SAVINGS AND INVESTMENT PLAN · MOUNT HOLLY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Richard a. Alaimo Associates reported $41,650 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,247 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 0.28% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 648th-largest of 2,419 plans among New Jersey employers on file, and the 3,220th of 11,654 in professional & technical services. In 2024, the employer put in $1.34 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$41,311,893
Participants with balances135
Active participants97
Employer contributions$800,000
Employee contributions$595,980
Employer contribution per active participant$8,247
Average account balance$306,014
Benefits paid to participants$2,890,275
Plan auditUnmodified (clean) audit opinion
AuditorBOWMAN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$41.3M · 135 accts · $800K emplr
2023$39.0M · 131 accts · $798K emplr
2022$37.3M · 125 accts · $806K emplr
Administrative expenses, itemized · 2024
Investment management$41,650
Total administrative$41,650
The Richard a. Alaimo Associates 401(k) match · 2024
Employer contribution per active participant$8,247
Median for plans this size$2,416
2024$8,247 per active participant
2023$8,584 per active participant
2022$8,577 per active participant

Richard a. Alaimo Associates's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
CLARKE INS AGENCY INC · Investment advisory (plan)$39,515
EMPOWER ADVISORY GROUP, LLC · Investment management$2,135

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$41,650 · 0.10%
2023$38,180 · 0.10%
2022$119,580 · 0.28%
Similar plansProfessional & Technical Services · New Jersey
Brach Eichler L.L.C. NJ$43.5M · 0.04%
Systra U.S.A., Inc. NJ$43.3M · 0.15%
Valuemomentum, Inc. NJ$42.6M · 0.23%
Centurum Inc. NJ$40.7M · 0.06%
Dlb Associates, Inc. NJ$40.4M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221824833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.