Plan Ledger DOL Form 5500 · updated monthly

The Arc Middlesex County, Inc.401(k)

EMPLOYEE BENEFIT PLAN OF THE ARC OF MIDDLESEX · N BRUNSWICK TOWNSHIP, NJ · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

The Arc Middlesex County, Inc. reported $34,737 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $1,598 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 fell from 0.90% to 0.67%. 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 (1,850th of 2,419), and 7,683rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves; active participation has grown from 183 to 230 since 2022.

Plan summary
Net assets, end of year$5,404,574
Participants with balances371
Active participants230
Employer contributions$367,519
Employee contributions$336,268
Employer contribution per active participant$1,598
Average account balance$14,568
Benefits paid to participants$854,048
Plan auditUnmodified (clean) audit opinion
AuditorCLA (CLIFTONLARSONALLEN LLP)
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 371 accts · $368K emplr
2023$5.0M · 354 accts · $331K emplr
2022$4.1M · 343 accts · $334K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,737
Total administrative$34,737
The The Arc Middlesex County, Inc. 401(k) match · 2024
Employer contribution per active participant$1,598
Median for plans this size$1,313
2024$1,598 per active participant
2023$1,538 per active participant
2022$1,826 per active participant

The Arc Middlesex County, Inc.'s 2024 employer contribution ran above the $1,313 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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$34,737

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$34,737 · 0.67%
2023$36,425 · 0.80%
2022$34,661 · 0.90%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Spring Hills, LLC NJ$5.4M · 3.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221695038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.