Plan Ledger DOL Form 5500 · updated monthly

Tenacre Foundation401(k)

TENACRE FOUNDATION 401K PLAN · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Tenacre Foundation reported $19,770 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,310 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 0.04% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 730th-largest of 2,419 plans among New Jersey employers on file, and the 612th of 3,341 in other services. In 2024, employees put in $1.13 for every $1.00 the employer contributed; active participation has shrunk from 182 to 150 since 2022.

Plan summary
Net assets, end of year$35,584,225
Participants with balances264
Active participants150
Employer contributions$946,514
Employee contributions$1,072,204
Employer contribution per active participant$6,310
Average account balance$134,789
Benefits paid to participants$5,280,774
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.6M · 264 accts · $947K emplr
2023$34.0M · 261 accts · $1.1M emplr
2022$28.8M · 259 accts · $1.7M emplr
The Tenacre Foundation 401(k) match · 2024
Employer contribution per active participant$6,310
Median for plans this size$2,416
2024$6,310 per active participant
2023$7,120 per active participant
2022$9,111 per active participant

Tenacre Foundation'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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping$18,710
PREFERRED PENSION PLANNING · Contract administrator$10,050
ASCENSUS LLCindirect 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
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$19,770 · 0.06%
2023$14,195 · 0.05%
2022$12,609 · 0.04%
Same employer
Similar plansOther Services · New Jersey
Binsky & Snyder LLC NJ$26.5M · 0.26%
Cerebral Palsy North Jersey NJ$25.3M · 0.13%
Vda, Inc. NJ$25.2M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210577480 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.