Plan Ledger DOL Form 5500 · updated monthly

Smartlinx Solutions, LLC401(k)

SMARTLINX SOLUTIONS RETIREMENT PLAN · ISELIN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Smartlinx Solutions, LLC reported $53,145 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $3,174 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 0.64% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,490th of 2,419), and 7,920th of 11,654 in professional & technical services. In 2024, employees put in $3.61 for every $1.00 the employer contributed; active participation has shrunk from 130 to 114 since 2022.

Plan summary
Net assets, end of year$10,252,535
Participants with balances179
Active participants114
Employer contributions$361,865
Employee contributions$1,305,002
Employer contribution per active participant$3,174
Average account balance$57,277
Benefits paid to participants$1,080,559
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 179 accts · $362K emplr
2023$7.8M · 177 accts · $343K emplr
2022$6.3M · 178 accts · $342K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,431
Investment management$35,714
Total administrative$53,145
The Smartlinx Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$3,174
Median for plans this size$1,313
2024$3,174 per active participant
2023$2,521 per active participant
2022$2,628 per active participant

Smartlinx Solutions, LLC's 2024 employer contribution ran above the $1,313 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
INNOVATIVE INVESTMENT FIDUCIARIES · Investment advisory (plan)$34,681
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,431

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$53,145 · 0.59%
2023$43,287 · 0.61%
2022$35,557 · 0.64%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Weiner Law Group LLP NJ$10.8M · 0.57%
Warehouse Solutions, Inc. NJ$10.1M · 0.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 113575059 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.