Plan Ledger DOL Form 5500 · updated monthly

The Archway Programs401(k)

THE ARCHWAY PROGRAMS RETIREMENT SAVINGS PLAN · ATCO, NJ · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

The Archway Programs reported $90,077 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $926 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 3 years on file its reported administrative ratio has held roughly steady near 0.643%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New Jersey (1,220th of 2,419), and 1,783rd of 3,091 in educational services. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 308 to 432 since 2022.

Plan summary
Net assets, end of year$15,604,067
Participants with balances526
Active participants432
Employer contributions$400,000
Employee contributions$854,144
Employer contribution per active participant$926
Average account balance$29,666
Benefits paid to participants$1,494,780
Plan auditUnmodified (clean) audit opinion
AuditorTHE MERCADIEN GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 526 accts · $400K emplr
2023$12.4M · 419 accts · $500K emplr
2022$10.3M · 368 accts · $500K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,230
Investment management$53,847
Total administrative$90,077
The The Archway Programs 401(k) match · 2024
Employer contribution per active participant$926
Median for plans this size$2,416
2024$926 per active participant
2023$1,244 per active participant
2022$1,623 per active participant

The Archway Programs's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
BENEFIT PLANS ADMINISTRATIVE SVCS · Recordkeeping · Custodial$55,714
INNOVATIVE INVSTMNT FIDUCIARIES · Investment advisory (participants) · Investment advisory (plan)$34,363

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

Recordkeeper by year2
2024BENEFIT PLANS ADMINISTRATIVE SVCS
2023BENEFIT PLANS ADMINISTRATIVE SVCS

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Administrative cost history3
2024$90,077 · 0.64%
2023$72,914 · 0.64%
2022$70,435 · 0.64%
Similar plansEducational Services · New Jersey
The Phoenix Center, Inc. NJ$17.2M · 0.15%
Golda Och Academy NJ$17.0M · 0.27%
Rks Associates NJ$15.8M · 0.46%
Collier Youth Services NJ$15.0M · 0.60%
The Ctc Academy, Inc. NJ$13.8M · 0.31%
Classlink, Inc. NJ$13.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222401037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.