Plan Ledger DOL Form 5500 · updated monthly

Technostaff LLC401(k)

TECHNOSTAFF LLC 401(K) PROFIT SHARING PLAN AND TRUST · FAIRFIELD, NJ · plan year 2022

Reported admin expense ratio · 2022
0.67%

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

Technostaff LLC reported $5,357 in plan administrative expenses for 2022: 0.67% of average plan assets, below the peer median. Employer contributions averaged $475 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Jersey (2,252nd of 2,419), and 2,246th of 2,534 in administrative & support services. In 2022, employees put in $4.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$805,605
Participants with balances31
Active participants125
Employer contributions$59,318
Employee contributions$249,465
Employer contribution per active participant$475
Average account balance$25,987
Benefits paid to participants$139,282
Plan auditUnmodified (clean) audit opinion
AuditorHOBERMAN & LESSER CPA'S, LLP
The Technostaff LLC 401(k) match · 2022
Employer contribution per active participant$475
Median for plans this size$331

Technostaff LLC's 2022 employer contribution ran above the $331 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$5,357 · 0.67%
Similar plansAdministrative & Support Services · New Jersey
Gaeta Recycling Co. Inc NJ$1.2M · 1.41%
Credit Saint, LLC NJ$1.1M · 2.12%
Down to Earth Landscaping NJ$955K · 2.08%
Motivated Security NJ$682K · 0.63%
On Target Staffing, LLC NJ$659K · 0.46%
Prostaff Solutions Inc. NJ$476K · 1.94%
Cleanslate Group LLC NJ$422K · 0.72%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 383986410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.