Plan Ledger DOL Form 5500 · updated monthly

Shalom International Corp.401(k)

SHALOM INTERNATIONAL 401K PLAN · DAYTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Shalom International Corp. reported $38,931 in plan administrative expenses for 2024: 0.46% of average plan assets, below 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 3 years on file its reported administrative ratio has held roughly steady near 0.461%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,623rd of 2,419), and 3,132nd of 4,246 in wholesale trade. active participation has grown from 86 to 97 since 2022.

Plan summary
Net assets, end of year$8,482,960
Participants with balances105
Active participants97
Employer contributions$0
Employee contributions$409,607
Employer contribution per active participant$0
Average account balance$80,790
Benefits paid to participants$1,331,814
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH BROWN
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 105 accts
2023$8.4M · 110 accts
2022$7.4M · 103 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,007
Audit (IQPA)$22,924
Total administrative$38,931
The Shalom International Corp. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Shalom International Corp.'s 2024 employer contribution ran below the $1,313 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
PENSIONMARK FINANCIAL GROUP, LLC · Recordkeeping · Trustee$22,924
ADP, INC. · Loan processing · Recordkeeping$16,007

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

Recordkeeper by year2
2024ADP, PENSIONMARK FINANCIAL GROUP, LLC
2023ADP, PENSIONMARK FINANCIAL GROUP, LLC

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

Administrative cost history3
2024$38,931 · 0.46%
2023$35,819 · 0.45%
2022$36,299 · 0.46%
Similar plansWholesale Trade · New Jersey
Ksi Trading Corp. NJ$8.5M · 0.05%
Designer Greetings Inc NJ$8.5M · 0.50%
Charmant USA Inc. NJ$8.3M · 0.34%
Grand Bk Corporation NJ$8.2M · 1.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222438649 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.