Plan Ledger DOL Form 5500 · updated monthly

The Arc/Mercer, Inc.401(k)

THE ARC/MERCER, INC. RETIREMENT PLAN · EWING TOWNSHIP, NJ · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

The Arc/Mercer, Inc. reported $22,160 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $4,667 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 0.09% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,633rd of 2,419), and 6,291st of 11,911 in health care & social assistance. In 2024, the employer put in $2.35 for every $1.00 employees contributed themselves; active participation has grown from 253 to 342 since 2022.

Plan summary
Net assets, end of year$8,388,100
Participants with balances407
Active participants342
Employer contributions$1,596,055
Employee contributions$678,158
Employer contribution per active participant$4,667
Average account balance$20,610
Benefits paid to participants$1,255,497
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 407 accts · $1.6M emplr
2023$6.4M · 231 accts · $430K emplr
2022$4.9M · 202 accts · $321K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,160
Total administrative$22,160
The The Arc/Mercer, Inc. 401(k) match · 2024
Employer contribution per active participant$4,667
Median for plans this size$1,313
2024$4,667 per active participant
2023$1,332 per active participant
2022$1,268 per active participant

The Arc/Mercer, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
ASCENSUS LLC · Plan administrator$15,465
GOLDLEAF PARTNERS · Plan administrator$15,100

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

Administrative cost history3
2024$22,160 · 0.30%
2023$9,190 · 0.16%
2022$5,525 · 0.09%
Similar plansHealth Care & Social Assistance · New Jersey
Heath Village NJ$8.6M · 0.55%
The Arc Gloucester, Inc. NJ$8.2M · 0.04%
Our House, Inc. NJ$8.2M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223059434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.