Plan Ledger DOL Form 5500 · updated monthly

Tenafly Pediatrics, P.A.401(k)

TENAFLY PEDIATRICS, P.A. 401(K) PROFIT SHARING PLAN · TENAFLY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Tenafly Pediatrics, P.A. reported $31,083 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,299 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 0.08% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 727th-largest of 2,419 plans among New Jersey employers on file, and the 2,436th of 11,911 in health care & social assistance. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 102 to 137 since 2022.

Plan summary
Net assets, end of year$35,612,872
Participants with balances144
Active participants137
Employer contributions$452,031
Employee contributions$939,183
Employer contribution per active participant$3,299
Average account balance$247,312
Benefits paid to participants$622,741
Plan auditUnmodified (clean) audit opinion
AuditorGELTRUDE AND COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$35.6M · 144 accts · $452K emplr
2023$30.1M · 119 accts · $1.0M emplr
2022$24.4M · 117 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,916
Investment management$19,167
Total administrative$31,083
The Tenafly Pediatrics, P.A. 401(k) match · 2024
Employer contribution per active participant$3,299
Median for plans this size$2,416
2024$3,299 per active participant
2023$7,692 per active participant

Tenafly Pediatrics, P.A.'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
PNC BANK · Recordkeeping · Trustee$19,166
ADP, INC. · Loan processing · Recordkeeping$11,916

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

Recordkeeper by year2
2024ADP, PNC BANK
2023Newport (Ascensus)

This plan has changed recordkeepers within these filings. If you left Tenafly Pediatrics, P.A. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$31,083 · 0.09%
2023$26,615 · 0.10%
2022$20,666 · 0.08%
Similar plansHealth Care & Social Assistance · New Jersey
Eclc of Nj NJ$36.3M · 0.05%
Wasc Holding LLC NJ$35.7M · 0.15%
Acenda, Inc. NJ$33.5M · 0.26%
Cpc Integrated Health, Inc. NJ$32.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222306448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.