Plan Ledger DOL Form 5500 · updated monthly

The Betesh Group Holding Corporation401(k)

THE BETESH GROUP HOLDING CORP 401(K) PLAN · NEWARK, NJ · plan year 2022

Reported admin expense ratio · 2022
0.63%

The Betesh Group Holding Corporation reported $74,525 in plan administrative expenses for 2022: 0.63% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,465th of 2,419), and 2,818th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$10,764,998
Participants with balances96
Active participants100
Employer contributions—
Employee contributions$444,600
Employer contribution per active participant—
Average account balance$112,135
Benefits paid to participants$195,583
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$74,525
Total administrative$74,525
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$74,525 · 0.63%
Similar plansWholesale Trade · New Jersey
Taylor Oil Co., Inc. NJ$11.4M · 0.28%
Automann, Inc. NJ$11.0M · 0.79%
Cosmax USA NJ$10.2M · 0.54%
Lts Group, Inc. NJ$10.1M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134007101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.