Plan Ledger DOL Form 5500 · updated monthly

South Jersey Legal Services401(k)

SOUTH JERSEY LEGAL SERVICES INC. 401(K) PLAN · CAMDEN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

South Jersey Legal Services reported $9,857 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,523 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 1 year on file its reported administrative ratio fell from 0.13% to 0.10%. 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 (1,458th of 2,419), and 7,736th of 11,654 in professional & technical services. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,863,603
Participants with balances146
Active participants123
Employer contributions$433,310
Employee contributions$766,856
Employer contribution per active participant$3,523
Average account balance$74,408
Benefits paid to participants$552,386
Plan auditUnmodified (clean) audit opinion
AuditorFISCHER DORWART, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$10.9M · 146 accts · $433K emplr
2023$9.0M · 125 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,857
Total administrative$9,857
The South Jersey Legal Services 401(k) match · 2024
Employer contribution per active participant$3,523
Median for plans this size$1,313
2024$3,523 per active participant
2023$12,144 per active participant

South Jersey Legal Services'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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$9,857

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

Administrative cost history2
2024$9,857 · 0.10%
2023$9,927 · 0.13%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Scarinci & Hollenbeck, LLC NJ$11.5M · 0.21%
Mindlance Inc NJ$11.4M · 0.63%
US Pharma Lab, Inc. NJ$11.3M · 0.29%
Weiner Law Group LLP NJ$10.8M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221843254 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.