Plan Ledger DOL Form 5500 · updated monthly

Snow Partners LLC401(k)

SNOW PARTNERS LLC 401(K) PLAN · MONTVILLE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Snow Partners LLC reported $28,955 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $887 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 1.04% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in New Jersey (2,001st of 2,419), and 1,023rd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 232 to 309 since 2022.

Plan summary
Net assets, end of year$3,640,322
Participants with balances116
Active participants309
Employer contributions$274,062
Employee contributions$515,010
Employer contribution per active participant$887
Average account balance$31,382
Benefits paid to participants$407,470
Plan auditUnmodified (clean) audit opinion
AuditorBLATT & DAUMAN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 116 accts · $274K emplr
2023$2.7M · 109 accts · $233K emplr
2022$2.0M · 110 accts · $204K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,955
Total administrative$28,955
The Snow Partners LLC 401(k) match · 2024
Employer contribution per active participant$887
Median for plans this size$1,313
2024$887 per active participant
2023$780 per active participant
2022$877 per active participant

Snow Partners LLC's 2024 employer contribution ran below the $1,313 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
ASCENSUS LLC · Investment advisory (participants) · Recordkeeping$13,544
LPL FINANCIAL RPCP · Investment advisory (participants)$15,316
INTAC · Loan processing$2,375

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$28,955 · 0.91%
2023$21,952 · 0.93%
2022$20,543 · 1.04%
Same employer
Similar plansArts, Entertainment & Recreation · New Jersey
Evolution US, LLC NJ$5.6M · 6.87%
Hillside (New Jersey) LLC NJ$5.1M · 1.08%
Canoe Brook Country Club NJ$4.8M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812585114 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.