Plan Ledger DOL Form 5500 · updated monthly

The Wankawala Organization401(k)

WANKAWALA ORGANIZATION 401(K) PROFIT SHARING PLAN & TRUST · MARLTON, NJ · plan year 2022

Reported admin expense ratio · 2022
1.36%

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

The Wankawala Organization reported $6,824 in plan administrative expenses for 2022: 1.36% of average plan assets, above the peer median. Employer contributions averaged $349 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (2,287th of 2,419), and 11,417th of 11,654 in professional & technical services. In 2022, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$531,641
Participants with balances67
Active participants197
Employer contributions$68,800
Employee contributions$102,384
Employer contribution per active participant$349
Average account balance$7,935
Benefits paid to participants$54,951
Plan auditDisclaimer of opinion
AuditorBURKE & SCHINDLER , P. L. L.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,712
Investment management$1,112
Total administrative$6,824
The The Wankawala Organization 401(k) match · 2022
Employer contribution per active participant$349
Median for plans this size$331

The Wankawala Organization's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,824 · 1.36%
Similar plansProfessional & Technical Services · New Jersey
Rangam Consultants, Inc. NJ$734K · 2.26%
Centraprise Corp NJ$728K · 0.59%
Ls Solutions Inc NJ$667K · 0.56%
Smart Ims NJ$518K · 1.31%
Shekia Group L L C NJ$382K · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462528565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.