Plan Ledger DOL Form 5500 · updated monthly

The Connell CompanyMoney purchase plan

THE CONNELL COMPANY RETIREMENT PLAN · BERKELEY HEIGHTS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

The Connell Company reported $9,142 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $25,252 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 rose from 0.00% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 305th-largest of 2,419 plans among New Jersey employers on file, and the 94th of 2,096 in real estate & leasing. active participation has grown from 132 to 154 since 2022.

Plan summary
Net assets, end of year$129,768,461
Participants with balances255
Active participants154
Employer contributions$3,888,810
Employee contributions—
Employer contribution per active participant$25,252
Average account balance$508,896
Benefits paid to participants$8,842,154
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$129.8M · 255 accts · $3.9M emplr
2023$120.4M · 234 accts · $3.5M emplr
2022$103.2M · 212 accts · $3.2M emplr
Employer contributions to the The Connell Company plan · 2024
Employer contribution per active participant$25,252
Median for plans this size$3,635
2024$25,252 per active participant
2023$24,763 per active participant
2022$24,330 per active participant

The Connell Company's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Custodial (securities)$9,142

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$9,142 · 0.01%
2023$8,415 · 0.01%
2022$3,735 · 0.00%
Same employer
Similar plansReal Estate & Leasing · New Jersey
Vornado Realty Trust NJ$235.7M · 0.04%
Weichert Co. NJ$231.1M · 0.10%
The Hartz Group, Inc. NJ$103.4M · 0.22%
Trac Intermodal NJ$95.3M · 0.18%
Veris Residential, Inc. NJ$58.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221629235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.