Plan Ledger DOL Form 5500 · updated monthly

Warshauer Electric Supply Comp401(k)

WARSHAUER ELECTRIC SUPPLY CO. 401(K) PLAN · TINTON FALLS, NJ · plan year 2022

Reported admin expense ratio · 2022
0.50%

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

Warshauer Electric Supply Comp reported $52,311 in plan administrative expenses for 2022: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $668 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 3 years on file its reported administrative ratio has held roughly steady near 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,557th of 2,419), and 8,182nd of 11,654 in professional & technical services. In 2022, employees put in $5.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,417,484
Participants with balances122
Active participants146
Employer contributions$97,487
Employee contributions$551,506
Employer contribution per active participant$668
Average account balance$77,192
Benefits paid to participants$1,398,729
Plan auditUnmodified (clean) audit opinion
AuditorSMOLIN, LUPIN & CO., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 121 accts · $117K emplr
2023$9.3M · 114 accts · $103K emplr
2022$9.4M · 122 accts · $97K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$17,529
Investment management$10,181
Professional / advisory$24,601
Total administrative$52,311
The Warshauer Electric Supply Comp 401(k) match · 2022
Employer contribution per active participant$668
Median for plans this size$2,266
2024$665 per active participant
2023$601 per active participant
2022$668 per active participant

Warshauer Electric Supply Comp's 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom quarter of its peers. 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 history3
2024$45,993 · 0.51%
2023$53,583 · 0.57%
2022$52,311 · 0.50%
Similar plansProfessional & Technical Services · New Jersey
Ln & Jn Investments LLC NJ$9.8M · 0.77%
Ixp Corporation NJ$9.5M · 0.89%
Datanomics, Inc. NJ$9.4M · 0.01%
Blue Sage Solutions LLC NJ$9.4M · 0.09%
Terumo Puerto Rico LLC NJ$9.0M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221821514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.