Plan Ledger DOL Form 5500 · updated monthly

Tri County Cmo401(k)

TRI COUNTY CMO 401(K) PLAN · BRANCHBURG, NJ · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Tri County Cmo reported $2,105 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,663 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 0.03% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New Jersey (1,846th of 2,419), and 2,229th of 3,341 in other services. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 105 to 116 since 2022.

Plan summary
Net assets, end of year$5,453,642
Participants with balances132
Active participants116
Employer contributions$192,885
Employee contributions$308,783
Employer contribution per active participant$1,663
Average account balance$41,315
Benefits paid to participants$532,987
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 132 accts · $193K emplr
2023$4.8M · 118 accts · $191K emplr
2022$3.7M · 113 accts · $171K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,105
Total administrative$2,105
The Tri County Cmo 401(k) match · 2024
Employer contribution per active participant$1,663
Median for plans this size$1,313
2024$1,663 per active participant
2023$1,396 per active participant
2022$1,631 per active participant

Tri County Cmo's 2024 employer contribution ran above 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 · 20242
ASCENSUS C/O FUTUREPLAN · Other servicesindirect comp
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (plan)indirect 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$2,105 · 0.04%
2023$1,735 · 0.04%
2022$1,045 · 0.03%
Similar plansOther Services · New Jersey
La Casa de Don Pedro NJ$6.5M · 0.52%
The Atlantic Club, Inc. NJ$5.0M · 0.01%
Qe Solar, LLC NJ$4.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204010173 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.