Plan Ledger DOL Form 5500 · updated monthly

Ss White Burs, Inc.401(k)

SS WHITE BURS, INC. SALARY SAVINGS PLAN · LAKEWOOD, NJ · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Ss White Burs, Inc. reported $27,806 in plan administrative expenses for 2023: 0.17% of average plan assets, below the peer median. Employer contributions averaged $2,591 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 0.24% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,150th-largest of 2,419 plans among New Jersey employers on file, and the 6,545th of 13,661 in manufacturing. In 2023, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,107,363
Participants with balances131
Active participants127
Employer contributions$329,046
Employee contributions$612,792
Employer contribution per active participant$2,591
Average account balance$130,591
Benefits paid to participants$1,568,722
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $227K emplr
2023$17.1M · 131 accts · $329K emplr
2022$15.7M · 163 accts · $323K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,339
Investment management$2,467
Total administrative$27,806
The Ss White Burs, Inc. 401(k) match · 2023
Employer contribution per active participant$2,591
Median for plans this size$2,440
2023$2,591 per active participant
2022$2,483 per active participant

Ss White Burs, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EMPOWER ADVISORY GROUP, LLC · Investment management$2,467
TBS AGENCY INCindirect comp

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

Administrative cost history3
2024Not separately reported
2023$27,806 · 0.17%
2022$40,684 · 0.24%
Same employer
Similar plansManufacturing · New Jersey
Johnson & Towers, Inc. NJ$18.0M · 0.02%
Unimac Graphics LLC NJ$17.7M · 0.18%
Deleet Merchandising Corp. NJ$17.1M · 0.27%
Eci Technology, Inc. NJ$16.7M · 0.01%
Lmt Mercer Group, Inc. NJ$16.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363447078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.