Plan Ledger DOL Form 5500 · updated monthly

Urban League of Hudson County401(k)

URBAN LEAGUE OF HUDSON COUNTY 401(K) PROFIT SHARIN PLAN · JERSEY CITY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Urban League of Hudson County reported $15,447 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,440 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 0.39% to 0.45%. 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 (2,003rd of 2,419), and 8,817th of 11,911 in health care & social assistance. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,621,332
Participants with balances98
Active participants88
Employer contributions$126,696
Employee contributions$179,433
Employer contribution per active participant$1,440
Average account balance$36,952
Benefits paid to participants$379,323
Plan auditUnmodified (clean) audit opinion
AuditorGELTRUDE & COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 98 accts · $127K emplr
2023$3.3M · 100 accts · $111K emplr
2022$3.3M · 102 accts · $113K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,265
Investment management$12,182
Total administrative$15,447
The Urban League of Hudson County 401(k) match · 2024
Employer contribution per active participant$1,440
Median for plans this size$1,313
2024$1,440 per active participant
2023$1,316 per active participant
2022$1,342 per active participant

Urban League of Hudson County'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 · 20241
JOHN HANCOCK LIFE INSURANCE · Recordkeeping$1,732

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$15,447 · 0.45%
2023$15,411 · 0.47%
2022$14,292 · 0.39%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
The Arc of Camden County NJ$3.7M · 0.58%
Eva's Village, Inc. NJ$3.6M · 0.05%
Project Live, Inc. NJ$3.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221917127 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.