Plan Ledger DOL Form 5500 · updated monthly

The Challenge Printing Co., Inc.401(k)

THE CHALLENGE PRINTING CO. 401(K) PROFIT SHARING PLAN · CLIFTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

The Challenge Printing Co., Inc. reported $28,366 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $751 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 0.13% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 957th-largest of 2,419 plans among New Jersey employers on file, and the 5,290th of 13,661 in manufacturing. In 2024, employees put in $3.77 for every $1.00 the employer contributed; active participation has shrunk from 330 to 293 since 2022.

Plan summary
Net assets, end of year$23,867,508
Participants with balances410
Active participants293
Employer contributions$220,115
Employee contributions$828,998
Employer contribution per active participant$751
Average account balance$58,213
Benefits paid to participants$1,307,482
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.9M · 410 accts · $220K emplr
2023$21.7M · 401 accts · $129K emplr
2022$19.2M · 351 accts · $37K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,200
Investment management$17,266
Total administrative$28,366
The The Challenge Printing Co., Inc. 401(k) match · 2024
Employer contribution per active participant$751
Median for plans this size$2,416
2024$751 per active participant
2023$351 per active participant
2022$113 per active participant

The Challenge Printing Co., Inc.'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 · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$17,262
RAYMOND JAMES FINANCIAL SERVICESindirect 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$28,366 · 0.12%
2023$25,613 · 0.13%
2022$27,438 · 0.13%
Same employer
Similar plansManufacturing · New Jersey
Usmpc Buyer, Inc. NJ$24.6M · 0.13%
Bihler of America, Inc. NJ$24.3M · 0.18%
Cultech, Inc. NJ$24.2M · 0.75%
Hudson Technologies Company NJ$23.8M · 0.25%
Grt US Holding, Inc. NJ$23.7M · 0.56%
Strato, Inc. NJ$23.6M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221852608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.