Plan Ledger DOL Form 5500 · updated monthly

Sales Benchmark Index401(k)

SALES BENCHMARK INDEX 401(K) PROFIT SHARING PLAN AND TRUST · WYCKOFF, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Sales Benchmark Index reported $2,256 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,988 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 professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,620th of 2,419), and 8,503rd of 11,654 in professional & technical services. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,490,486
Participants with balances162
Active participants140
Employer contributions$698,380
Employee contributions$1,704,120
Employer contribution per active participant$4,988
Average account balance$52,410
Benefits paid to participants$1,329,805
Plan auditUnmodified (clean) audit opinion
AuditorSBI GROWTH
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,256
Total administrative$2,256
The Sales Benchmark Index 401(k) match · 2024
Employer contribution per active participant$4,988
Median for plans this size$1,313

Sales Benchmark Index's 2024 employer contribution ran above the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$2,256

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$2,256 · 0.03%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Opera Solutions LLC NJ$8.6M · 0.31%
Green Expert Technology NJ$8.6M · 0.44%
Clinilabs, Inc. NJ$8.4M · 0.29%
3I Infotech, Inc. NJ$8.4M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205248267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.