Plan Ledger DOL Form 5500 · updated monthly

Shop-Rite of Hunterdon County, I401(k)

SHOP-RITE OF HUNTERDON COUNTY, INC. EMPLOYEE SAVINGS PLAN · FLEMINGTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Shop-Rite of Hunterdon County, I reported $70,591 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,421 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 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 927th-largest of 2,419 plans among New Jersey employers on file, and the 1,202nd of 5,215 in retail trade. In 2024, employees put in $3.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,130,750
Participants with balances129
Active participants111
Employer contributions$268,754
Employee contributions$883,051
Employer contribution per active participant$2,421
Average account balance$194,812
Benefits paid to participants$1,021,798
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 129 accts · $269K emplr
2023$22.1M · 127 accts · $264K emplr
2022$20.1M · 126 accts · $266K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,258
Investment management$57,333
Total administrative$70,591
The Shop-Rite of Hunterdon County, I 401(k) match · 2024
Employer contribution per active participant$2,421
Median for plans this size$2,416
2024$2,421 per active participant
2023$2,316 per active participant
2022$2,311 per active participant

Shop-Rite of Hunterdon County, I's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$57,333
ADP, INC. · Loan processing · Recordkeeping$13,257
ADP BROKER-DEALER · Other servicesindirect comp

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, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$70,591 · 0.30%
2023$64,105 · 0.30%
2022$68,509 · 0.31%
Similar plansRetail Trade · New Jersey
Park Avenue Motor Corp. NJ$26.4M · 0.31%
Celebrity Motor Cars LLC NJ$26.2M · 0.31%
Ynap Corporation NJ$25.3M · 0.39%
World Finer Foods LLC NJ$24.1M · 0.06%
H Mart Inc. NJ$22.7M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221716509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.