Plan Ledger DOL Form 5500 · updated monthly

Scientific Design Company, Inc.401(k)

SCIENTIFIC DESIGN COMPANY, INC. SAVINGS PLAN · LITTLE FERRY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Scientific Design Company, Inc. reported $31,665 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,899 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 0.10% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 459th-largest of 2,419 plans among New Jersey employers on file, and the 2,046th of 11,654 in professional & technical services. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has shrunk from 143 to 127 since 2022.

Plan summary
Net assets, end of year$70,844,825
Participants with balances192
Active participants127
Employer contributions$1,257,128
Employee contributions$1,737,654
Employer contribution per active participant$9,899
Average account balance$368,983
Benefits paid to participants$6,572,011
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH + BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$70.8M · 192 accts · $1.3M emplr
2023$62.2M · 205 accts · $1.3M emplr
2022$54.7M · 214 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Investment management$31,665
Total administrative$31,665
The Scientific Design Company, Inc. 401(k) match · 2024
Employer contribution per active participant$9,899
Median for plans this size$3,635
2024$9,899 per active participant
2023$9,751 per active participant
2022$9,683 per active participant

Scientific Design Company, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
NEWPORT CAPITAL GROUP LLC · Investment advisory (plan)$30,825

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$31,665 · 0.05%
2023$29,510 · 0.05%
2022$61,425 · 0.10%
Same employer
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Norris McLaughlin, P.A. NJ$75.6M · 0.12%
Udc, Inc NJ$75.4M · 0.23%
Med-Metrix LLC NJ$74.9M · 0.62%
Rcm Technologies, Inc. NJ$72.2M · 0.20%
Solix, Inc. NJ$69.2M
Leo Pharma Inc. NJ$68.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742456494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.