Plan Ledger DOL Form 5500 · updated monthly

Climb Global Solutions, Inc.401(k)

CLIMB GLOBAL SOLUTIONS, INC. 401(K) · EATONTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Climb Global Solutions, Inc. reported $146,544 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,039 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 fell from 0.94% to 0.89%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,120th-largest of 2,419 plans among New Jersey employers on file, and the 2,056th of 4,246 in wholesale trade. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has grown from 143 to 207 since 2022.

Plan summary
Net assets, end of year$18,100,972
Participants with balances291
Active participants207
Employer contributions$628,997
Employee contributions$1,594,556
Employer contribution per active participant$3,039
Average account balance$62,203
Benefits paid to participants$2,167,715
Plan auditUnmodified (clean) audit opinion
AuditorPRICEKUBECKA, PLCC
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 291 accts · $629K emplr
2023$14.9M · 253 accts · $477K emplr
2022$11.6M · 232 accts · $347K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,203
Investment management$53,341
Total administrative$146,544
The Climb Global Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$3,039
Median for plans this size$2,416
2024$3,039 per active participant
2023$2,873 per active participant
2022$2,428 per active participant

Climb Global Solutions, Inc.'s 2024 employer contribution ran above the $2,416 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$53,341

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$146,544 · 0.89%
2023$120,831 · 0.91%
2022$118,750 · 0.94%
Similar plansWholesale Trade · New Jersey
Titanium Industries, Inc. NJ$19.3M · 0.40%
A.J. Jersey, Inc. NJ$19.2M · 0.58%
Coda Resources LTD NJ$18.4M · 0.44%
Fortune Metal Group Inc. NJ$17.5M · 0.37%
Mastercool, Inc. NJ$17.3M · 0.40%
Extech Operating LLC NJ$17.2M · 0.03%
Universal Nutrition NJ$16.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133136104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.