Plan Ledger DOL Form 5500 · updated monthly

Stonefield Engineering and Design, LLC401(k)

STONEFIELD ENGINEERING AND DESIGN 401(K) & PROFIT SHARING PLAN · RUTHERFORD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Stonefield Engineering and Design, LLC reported $1,646 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,827 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 0.019% to 0.022%. 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 (1,619th of 2,419), and 8,500th of 11,654 in professional & technical services. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 106 to 177 since 2022.

Plan summary
Net assets, end of year$8,498,274
Participants with balances117
Active participants177
Employer contributions$323,330
Employee contributions$755,483
Employer contribution per active participant$1,827
Average account balance$72,635
Benefits paid to participants$295,754
Plan auditUnmodified (clean) audit opinion
AuditorJERRY MICHALKIEWICZ
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 117 accts · $323K emplr
2023$6.4M · 106 accts · $331K emplr
2022$4.6M · 106 accts · $296K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,646
Total administrative$1,646
The Stonefield Engineering and Design, LLC 401(k) match · 2024
Employer contribution per active participant$1,827
Median for plans this size$1,313
2024$1,827 per active participant
2023$1,968 per active participant
2022$2,796 per active participant

Stonefield Engineering and Design, LLC's 2024 employer contribution ran above 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$1,626
NORTHWESTERN MUTUAL INVESTMENT SERV · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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
2024$1,646 · 0.02%
2023$1,123 · 0.02%
2022$900 · 0.02%
Similar plansProfessional & Technical Services · New Jersey
Comodo Group Inc NJ$8.7M · 0.05%
Opera Solutions LLC NJ$8.6M · 0.31%
Green Expert Technology NJ$8.6M · 0.44%
Sales Benchmark Index NJ$8.5M · 0.03%
Clinilabs, Inc. NJ$8.4M · 0.29%
3I Infotech, Inc. NJ$8.4M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271586538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.