Plan Ledger DOL Form 5500 · updated monthly

Square Management Associates401(k)

ARDC 401(K) RETIREMENT PLAN · WOODBRIDGE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Square Management Associates reported $10,868 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $675 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 rose from 0.06% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New Jersey (1,933rd of 2,419), and 1,591st of 2,096 in real estate & leasing. In 2024, employees put in $3.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,407,534
Participants with balances496
Active participants683
Employer contributions$460,955
Employee contributions$1,697,379
Employer contribution per active participant$675
Average account balance$8,886
Benefits paid to participants$80,854
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH + BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 496 accts · $461K emplr
2023$2.0M · 423 accts
2022$505K · 382 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,621
Trustee / custodial$887
Total administrative$10,868
The Square Management Associates 401(k) match · 2024
Employer contribution per active participant$675
Median for plans this size$1,313

Square Management Associates'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 · 20241
SENTINEL BENEFITS GROUP, LLC · Recordkeeping · Consulting$9,621

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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Administrative cost history3
2024$10,868 · 0.34%
2023$5,113 · 0.42%
2022$279 · 0.06%
Similar plansReal Estate & Leasing · New Jersey
Ulma Form Works, Inc NJ$6.9M · 0.54%
Treetop Development LLC NJ$4.0M · 0.77%
Kaplan Companies NJ$3.0M · 0.06%
Jetclosing, Inc. NJ$1.9M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223088244 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.