Plan Ledger DOL Form 5500 · updated monthly

The Haddad Organization, LTD.401(k)

THE HADDAD ORGANIZATION, LTD. 401(K) PROFIT SHARING PLAN · DAYTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

The Haddad Organization, LTD. reported $165,027 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,504 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 0.49% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 527th-largest of 2,419 plans among New Jersey employers on file, and the 702nd of 4,246 in wholesale trade. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has grown from 439 to 560 since 2022.

Plan summary
Net assets, end of year$58,165,742
Participants with balances957
Active participants560
Employer contributions$1,962,463
Employee contributions$2,765,440
Employer contribution per active participant$3,504
Average account balance$60,779
Benefits paid to participants$2,119,858
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.2M · 957 accts · $2.0M emplr
2023$48.2M · 860 accts · $1.7M emplr
2022$38.4M · 621 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$155,823
Total administrative$165,027
The The Haddad Organization, LTD. 401(k) match · 2024
Employer contribution per active participant$3,504
Median for plans this size$3,635
2024$3,504 per active participant
2023$3,550 per active participant
2022$3,357 per active participant

The Haddad Organization, LTD.'s 2024 employer contribution ran below the $3,635 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 · 20242
E.R.I.S.A., INC.$9,204
BLEAKLEY FINANCIAL GROUP LLCindirect 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$165,027 · 0.31%
2023$132,393 · 0.31%
2022$198,237 · 0.49%
Similar plansWholesale Trade · New Jersey
Casio America, Inc. NJ$69.8M · 0.00%
Delta Galil USA, Inc. NJ$64.4M · 0.43%
Safilo USA, Inc. NJ$61.6M · 0.24%
Porky Products, Inc. NJ$60.7M · 0.24%
True World Holdings LLC NJ$55.9M · 0.17%
Miele, Inc. NJ$52.7M · 0.27%
Roosevelt Paper Company NJ$51.9M · 0.00%
Ferragamo USA Inc NJ$46.3M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132856820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.