Plan Ledger DOL Form 5500 · updated monthly

Samuel Coraluzzo Co., Inc.401(k)

SAMUEL CORALUZZO CO., INC. 401(K) PROFIT SHARING PLAN · VINELAND, NJ · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Samuel Coraluzzo Co., Inc. reported $98,083 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~90% of peers. Employer contributions averaged $398 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 3 years on file its reported administrative ratio has held roughly steady near 0.85%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (1,368th of 2,419), and the 1,005th of 2,677 in transportation & warehousing. In 2024, employees put in $4.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,547,112
Participants with balances617
Active participants772
Employer contributions$307,453
Employee contributions$1,244,757
Employer contribution per active participant$398
Average account balance$20,336
Benefits paid to participants$1,090,959
Plan auditUnmodified (clean) audit opinion
AuditorMARTINI AND MARTINI
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 617 accts · $307K emplr
2023$10.5M · 670 accts · $370K emplr
2022$8.7M · 321 accts · $939K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,255
Investment management$51,828
Total administrative$98,083
The Samuel Coraluzzo Co., Inc. 401(k) match · 2024
Employer contribution per active participant$398
Median for plans this size$2,416
2024$398 per active participant
2023$483 per active participant
2022$1,212 per active participant

Samuel Coraluzzo Co., 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 · 20242
PAYNE CAPITAL MANAGEMENT LLC · Investment advisory (plan)$51,828
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,255

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$98,083 · 0.85%
2023$81,879 · 0.85%
2022$76,472 · 0.84%
Similar plansTransportation & Warehousing · New Jersey
Prospect Transportation NJ$13.6M · 0.56%
Hillebrand Gori USA, LLC. NJ$13.1M · 0.82%
Aaa South Jersey, Inc. NJ$11.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222766979 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.