Plan Ledger DOL Form 5500 · updated monthly

The Artcraft Group, Inc.401(k)

THE ARTCRAFT GROUP, INC. 401(K) PROFIT SHARING PLAN · MOORESTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

The Artcraft Group, Inc. reported $63,742 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $2,655 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 0.43% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,152nd-largest of 2,419 plans among New Jersey employers on file, and 6,114th of 11,654 in professional & technical services. In 2024, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,074,561
Participants with balances172
Active participants131
Employer contributions$347,857
Employee contributions$775,063
Employer contribution per active participant$2,655
Average account balance$99,271
Benefits paid to participants$1,264,320
Plan auditUnmodified (clean) audit opinion
AuditorBARATZ & ASSOCIATES, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 172 accts · $348K emplr
2023$15.1M · 180 accts · $345K emplr
2022$13.6M · 187 accts · $367K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,742
Total administrative$63,742
The The Artcraft Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,655
Median for plans this size$2,416
2024$2,655 per active participant
2023$2,576 per active participant
2022$2,760 per active participant

The Artcraft Group, Inc.'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 · 20244
PA RETIREMENT SOLUTIONS · Contract administrator$3,400
EMPOWER ADVISORY GROUP, LLC · Investment management$1,317
THE INVESTMENT CENTER INCindirect comp

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$63,742 · 0.40%
2023$56,821 · 0.40%
2022$54,121 · 0.43%
Same employer
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Axis Analytics, LLC NJ$17.7M · 0.41%
Citiustech, Inc. NJ$17.4M · 0.83%
Inflexionpoint NJ$17.3M · 0.08%
Mfxchange US, Inc. NJ$17.1M · 0.08%
Revhealth NJ$17.1M · 0.33%
Itc Infotech USA, Inc. NJ$16.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231973624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.