Plan Ledger DOL Form 5500 · updated monthly

Suburban Consulting Engineers, Inc401(k)

SUBURBAN CONSULTING 401(K) PROFIT SHARING PLAN · FLANDERS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Suburban Consulting Engineers, Inc reported $46,914 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $4,108 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 fell from 0.47% to 0.36%. 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 among the smaller plans on file in New Jersey (1,272nd of 2,419), and 6,678th of 11,654 in professional & technical services. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,585,541
Participants with balances175
Active participants159
Employer contributions$653,094
Employee contributions$1,362,256
Employer contribution per active participant$4,108
Average account balance$83,346
Benefits paid to participants$1,158,314
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 175 accts · $653K emplr
2023$11.5M · 191 accts · $290K emplr
2022$8.3M · 178 accts · $266K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,471
Investment management$27,443
Total administrative$46,914
The Suburban Consulting Engineers, Inc 401(k) match · 2024
Employer contribution per active participant$4,108
Median for plans this size$2,416
2024$4,108 per active participant
2023$1,933 per active participant
2022$1,821 per active participant

Suburban Consulting Engineers, Inc's 2024 employer contribution ran above the $2,416 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$19,471
CHADLER INVESTMENT ADVISOR · Investment advisory (plan)$27,443

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$46,914 · 0.36%
2023$38,618 · 0.39%
2022$38,550 · 0.47%
Same employer
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Horizon Group USA, Inc. NJ$14.7M · 0.49%
Genesis Research LLC NJ$14.7M · 0.27%
Burlington Automotive Group NJ$14.6M · 0.29%
Swk Technologies NJ$14.6M · 0.42%
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Northstar Vets NJ$14.4M · 0.49%
Eteam Inc. NJ$14.3M · 1.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222750971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.