Plan Ledger DOL Form 5500 · updated monthly

The Partnership for Maternal401(k)

THE PARTNERSHIP FOR MATERNAL & CHILD HEALTH OF NORTHERN NJ 403(B) TDA · NEWARK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

The Partnership for Maternal reported $23,957 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $724 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 0.01% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,871st of 2,419), and 7,873rd of 11,911 in health care & social assistance. In 2024, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,064,667
Participants with balances300
Active participants259
Employer contributions$187,478
Employee contributions$452,058
Employer contribution per active participant$724
Average account balance$16,882
Benefits paid to participants$1,342,424
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.1M · 300 accts · $187K emplr
2022$4.4M · 45 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,957
Total administrative$23,957
The The Partnership for Maternal 401(k) match · 2024
Employer contribution per active participant$724
Median for plans this size$1,313

The Partnership for Maternal's 2024 employer contribution ran below the $1,313 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 · 20241
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$16,155

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$23,957 · 0.48%
2022$250 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Spring Hills, LLC NJ$5.4M · 3.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521815234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.