Plan Ledger DOL Form 5500 · updated monthly

Samsung C&T America, Inc.401(k)

SAMSUNG C&T AMERICA, INC. RETIREMENT SAVINGS PLAN · RIDGEFIELD PARK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Samsung C&T America, Inc. reported $51,515 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $944 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 0.01% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 836th-largest of 2,419 plans among New Jersey employers on file, and the 1,376th of 4,246 in wholesale trade. In 2024, employees put in $3.25 for every $1.00 the employer contributed; active participation has grown from 288 to 439 since 2022.

Plan summary
Net assets, end of year$29,648,734
Participants with balances176
Active participants439
Employer contributions$414,338
Employee contributions$1,347,628
Employer contribution per active participant$944
Average account balance$168,459
Benefits paid to participants$1,814,613
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.6M · 176 accts · $414K emplr
2023$27.7M · 259 accts · $373K emplr
2022$22.2M · 193 accts · $185K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,773
Total administrative$51,515
The Samsung C&T America, Inc. 401(k) match · 2024
Employer contribution per active participant$944
Median for plans this size$2,416
2024$944 per active participant
2023$892 per active participant
2022$643 per active participant

Samsung C&T America, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$51,515 · 0.18%
2023$7,819 · 0.03%
2022$1,833 · 0.01%
Same employer
Similar plansWholesale Trade · New Jersey
Anderson & Vreeland NJ$30.3M · 0.05%
Porven, LTD. NJ$30.2M · 0.04%
Sigma International Group NJ$30.2M · 0.34%
Berje, Inc. NJ$29.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132834199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.