Plan Ledger DOL Form 5500 · updated monthly

Software Galaxy Systems LLC401(k)

SOFTWARE GALAXY SYSTEMS LLC 401K PROFIT SHARING PLAN & TRUST · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.23%

Software Galaxy Systems LLC reported $6,954 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. 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 0.37% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Jersey (2,038th of 2,419), and 1,729th of 2,534 in administrative & support services. active participation has shrunk from 871 to 630 since 2022.

Plan summary
Net assets, end of year$3,180,836
Participants with balances149
Active participants630
Employer contributions—
Employee contributions$805,472
Employer contribution per active participant—
Average account balance$21,348
Benefits paid to participants$1,057,271
Plan auditUnmodified (clean) audit opinion
AuditorRAM ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 149 accts
2023$3.0M · 170 accts
2022$2.1M · 160 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,954
Total administrative$6,954
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
ADP, INC. · Loan processing · Recordkeeping$6,954
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
2023ADP

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

Administrative cost history3
2024$6,954 · 0.23%
2023$6,223 · 0.24%
2022$7,782 · 0.37%
Similar plansAdministrative & Support Services · New Jersey
Rsm Maintenance, LLC NJ$3.8M · 0.39%
Altech Services, Inc. NJ$2.1M · 0.61%
Commercial Cleaning Corp. NJ$1.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223520739 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.