Plan Ledger DOL Form 5500 · updated monthly

Thanexus, Inc.401(k)

THANEXUS, INC. RETIREMENT PLAN · WALL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Thanexus, Inc. reported $223,503 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $6,055 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 0.16% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 314th-largest of 2,419 plans among New Jersey employers on file, and the 151st of 3,341 in other services. In 2024, employees put in $1.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$125,424,889
Participants with balances438
Active participants352
Employer contributions$2,131,292
Employee contributions$2,671,066
Employer contribution per active participant$6,055
Average account balance$286,358
Benefits paid to participants$13,822,519
Plan auditUnmodified (clean) audit opinion
AuditorCOHN REZNCIK
Plan history3
Yearassets · accounts · employer contribution
2024$125.4M · 438 accts · $2.1M emplr
2023$120.7M · 480 accts · $2.2M emplr
2022$100.3M · 460 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,198
Investment management$213,305
Total administrative$223,503
The Thanexus, Inc. 401(k) match · 2024
Employer contribution per active participant$6,055
Median for plans this size$3,635
2024$6,055 per active participant
2023$6,695 per active participant
2022$6,129 per active participant

Thanexus, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$223,503

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$223,503 · 0.18%
2023$192,551 · 0.17%
2022$182,672 · 0.16%
Same employer
Similar plansOther Services · New Jersey
Itpeu Pension Fund NJ$172.4M · 1.27%
GS1 US, Inc. NJ$101.3M · 0.06%
Charles Komar & Sons, Inc. NJ$96.3M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223604702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.