Plan Ledger DOL Form 5500 · updated monthly

Saadia Group, LLC401(k)

SAADIA GROUP 401K RETIREMENT PLAN · BRIDGEWATER, NJ · plan year 2023

Reported admin expense ratio · 2023
0.78%

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

Saadia Group, LLC reported $30,054 in plan administrative expenses for 2023: 0.78% of average plan assets, above the peer median. Employer contributions averaged $0 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 rose from 0.53% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (1,978th of 2,419), and 1,807th of 2,677 in transportation & warehousing. active participation has shrunk from 562 to 427 since 2022.

Plan summary
Net assets, end of year$3,812,225
Participants with balances129
Active participants427
Employer contributions$0
Employee contributions$910,897
Employer contribution per active participant$0
Average account balance$29,552
Benefits paid to participants$1,676,382
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 99 accts
2023$3.8M · 129 accts
2022$3.7M · 201 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$29,293
Investment management$761
Total administrative$30,054
The Saadia Group, LLC 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

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

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,576
WILSHIRE ASSOCIATES INC(USA) · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$32,952 · 1.00%
2023$30,054 · 0.78%
2022$18,110 · 0.53%
Similar plansTransportation & Warehousing · New Jersey
A-1 Limousine, Inc. NJ$4.7M · 0.33%
Fusion Transport, LLC NJ$3.8M · 0.57%
Decamp Bus Lines, Inc. NJ$3.6M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272124614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.