Plan Ledger DOL Form 5500 · updated monthly

Ynap Corporation401(k)

YNAP 401(K) SAVINGS PLAN · MAHWAH, NJ · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Ynap Corporation reported $92,434 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,387 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 0.41% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 925th-largest of 2,419 plans among New Jersey employers on file, and the 1,194th of 5,215 in retail trade. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has shrunk from 723 to 554 since 2022.

Plan summary
Net assets, end of year$25,261,692
Participants with balances597
Active participants554
Employer contributions$768,276
Employee contributions$1,413,292
Employer contribution per active participant$1,387
Average account balance$42,314
Benefits paid to participants$2,704,339
Plan auditUnmodified (clean) audit opinion
AuditorFUNARO & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$25.3M · 597 accts · $768K emplr
2023$22.3M · 651 accts · $842K emplr
2022$17.7M · 677 accts · $878K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,027
Investment management$8,757
Total administrative$92,434
The Ynap Corporation 401(k) match · 2024
Employer contribution per active participant$1,387
Median for plans this size$2,416
2024$1,387 per active participant
2023$1,262 per active participant
2022$1,214 per active participant

Ynap Corporation's 2024 employer contribution ran below 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
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$8,598

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$92,434 · 0.39%
2023$76,729 · 0.38%
2022$79,099 · 0.41%
Same employer
Similar plansRetail Trade · New Jersey
Park Avenue Motor Corp. NJ$26.4M · 0.31%
Celebrity Motor Cars LLC NJ$26.2M · 0.31%
World Finer Foods LLC NJ$24.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611428780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.