Plan Ledger DOL Form 5500 · updated monthly

Rks Associates401(k)

RKS ASSOCIATES 401(K) PLAN · JACKSON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Rks Associates reported $69,403 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,728 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 0.57% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,202nd-largest of 2,419 plans among New Jersey employers on file, and 1,772nd of 3,091 in educational services. In 2024, the employer put in $2.92 for every $1.00 employees contributed themselves; active participation has grown from 169 to 187 since 2022.

Plan summary
Net assets, end of year$15,846,210
Participants with balances185
Active participants187
Employer contributions$1,071,174
Employee contributions$367,055
Employer contribution per active participant$5,728
Average account balance$85,655
Benefits paid to participants$1,190,302
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 185 accts · $1.1M emplr
2023$14.1M · 174 accts · $1.3M emplr
2022$14.8M · 179 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Investment management$69,403
Total administrative$69,403
The Rks Associates 401(k) match · 2024
Employer contribution per active participant$5,728
Median for plans this size$2,416
2024$5,728 per active participant
2023$7,481 per active participant
2022$6,922 per active participant

Rks 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
CFS INVESTMENT ADVISORY SERVICES · Investment advisory (participants)$41,534
PRIME PENSIONS, INC.$6,713

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$69,403 · 0.46%
2023$82,463 · 0.57%
2022$98,442 · 0.57%
Same employer
Similar plansEducational Services · New Jersey
SPECTRUM360 NJ$18.3M · 0.27%
The Phoenix Center, Inc. NJ$17.2M · 0.15%
Golda Och Academy NJ$17.0M · 0.27%
The Archway Programs NJ$15.6M · 0.64%
Collier Youth Services NJ$15.0M · 0.60%
The Ctc Academy, Inc. NJ$13.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222529877 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.