Plan Ledger DOL Form 5500 · updated monthly

Storis, Inc.401(k)

STORIS 401(K) PLAN · MT. ARLINGTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Storis, Inc. reported $22,206 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,221 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 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 738th-largest of 2,419 plans among New Jersey employers on file, and the 3,673rd of 11,654 in professional & technical services. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,084,432
Participants with balances200
Active participants154
Employer contributions$650,000
Employee contributions$1,617,449
Employer contribution per active participant$4,221
Average account balance$175,422
Benefits paid to participants$1,634,384
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.1M · 200 accts · $650K emplr
2023$29.9M · 179 accts · $600K emplr
2022$24.6M · 178 accts · $605K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,422
Investment management$15,784
Total administrative$22,206
The Storis, Inc. 401(k) match · 2024
Employer contribution per active participant$4,221
Median for plans this size$2,416
2024$4,221 per active participant
2023$4,110 per active participant
2022$4,116 per active participant

Storis, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
THE MANDMARBLESTONE GROUP LLC · Recordkeeping$4,220
THE VANGUARD GROUP, INC · Recordkeeping$3,573
ENVESTNET RETIREMENT SOLUTIONS · Investment advisory (participants)$15,784
ASCENSUS, LLC · Contract administratorindirect comp

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

Recordkeeper by year2
2024THE MANDMARBLESTONE GROUP LLC, Vanguard
2023THE MANDMARBLESTONE GROUP LLC, Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,206 · 0.07%
2023$16,081 · 0.06%
2022$15,321 · 0.06%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Wilkin & Guttenplan, P.C. NJ$36.3M · 0.25%
Ks Engineers, P.C. NJ$35.8M · 0.21%
Bowman & Company LLP NJ$35.3M · 0.21%
Nisivoccia LLP NJ$35.1M · 0.02%
Kessler Foundation NJ$35.0M · 0.12%
Mandelbaum Barrett, PC NJ$34.7M · 0.21%
Lan Associates NJ$34.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222943409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.