Plan Ledger DOL Form 5500 · updated monthly

Star Creations dba Aj Madison401(k)

AJ MADISON 401(K) PLAN · BROOKLYN, NY · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Star Creations dba Aj Madison reported $855 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,063 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (5,220th of 5,648), and 4,804th of 5,215 in retail trade. In 2022, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,536,745
Participants with balances54
Active participants180
Employer contributions$191,304
Employee contributions$329,416
Employer contribution per active participant$1,063
Average account balance$28,458
Benefits paid to participants$17,405
Plan auditUnmodified (clean) audit opinion
AuditorBLATT & DAUMAN, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$855
Total administrative$855
The Star Creations dba Aj Madison 401(k) match · 2022
Employer contribution per active participant$1,063
Median for plans this size$1,114

Star Creations dba Aj Madison's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$855 · 0.06%
Same employer
Similar plansRetail Trade · New York
Trendly, Inc. NY$1.7M · 0.24%
Bread Alone Inc. NY$1.6M · 0.38%
Cookunity, Inc NY$1.6M · 2.92%
Furla USA Inc. NY$1.6M · 0.10%
Huck Finn Clothes, Inc. NY$1.4M · 0.47%
Adoreme, Inc. NY$1.4M · 1.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061582801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.