Plan Ledger DOL Form 5500 · updated monthly

Smolin, Lupin & Co., P.A.401(k)

SMOLIN, LUPIN & CO. SAVINGS AND INVESTMENT PLAN · FAIRFIELD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Smolin, Lupin & Co., P.A. reported $79,088 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,997 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 0.27% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 776th-largest of 2,419 plans among New Jersey employers on file, and the 3,870th of 11,654 in professional & technical services. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 102 to 140 since 2022.

Plan summary
Net assets, end of year$32,951,736
Participants with balances167
Active participants140
Employer contributions$699,577
Employee contributions$1,513,284
Employer contribution per active participant$4,997
Average account balance$197,316
Benefits paid to participants$4,681,114
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.0M · 167 accts · $700K emplr
2023$30.9M · 157 accts · $579K emplr
2022$26.3M · 148 accts · $552K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,462
Investment management$40,626
Audit (IQPA)$13,000
Total administrative$79,088
The Smolin, Lupin & Co., P.A. 401(k) match · 2024
Employer contribution per active participant$4,997
Median for plans this size$2,416
2024$4,997 per active participant
2023$4,708 per active participant
2022$5,412 per active participant

Smolin, Lupin & Co., P.A.'s 2024 employer contribution ran above the $2,416 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 · 20244
CETERA ADVISOR NETWORKS · Investment advisory (plan)$40,626
INTAC ACTUARIAL SERVICES, INC. · Contract administrator · Other services$15,625
MARCUM LLP · Accounting / audit$13,000
THE VANGUARD GROUP, INC. · Claims processing · Loan processing$11,347

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$79,088 · 0.25%
2023$75,105 · 0.26%
2022$77,230 · 0.27%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Medpro Systems LLC NJ$33.7M · 0.09%
Aus, Inc. NJ$33.6M · 0.24%
Avepoint, Inc. NJ$33.1M · 0.25%
Maintech Incorporated NJ$32.9M · 0.61%
Brillio, LLC NJ$32.8M · 0.16%
Cb Neptune Holdings LLC NJ$32.7M · 0.11%
Eos Accountants LLP NJ$32.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222258733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.