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Benchmarking GS1 US 401(K) Profit Sharing Plan in Ewing, NJ against  

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GS1 US 401(K) Profit Sharing Plan in Ewing, NJ has the 12th-lowest total administrative expense per participant (-$75.49) of the 909 Mid-Atlantic plans. That -$75.49 compares to an average of $156.98 across those 909 plans.

Beating the average of $156.98 means a decrease of $84,153 in total administrative expenses.

Note: total administrative expense per participant =
total administrative expenses ÷ total participants

GS1 US 401(K) Profit Sharing Plan has these standings among those 909 peer plans:

  • total administrative expense per participant = -$75.49 (12th-lowest)

  • total administrative expenses = -$27,329 (17th-lowest)

  • total participants = 362 (245th-fewest, tied)

Visualize

 
 

References

  1. in region. The 9 regions with their corresponding states or other geographic entities are: New England (CT ME MA NH RI VT), Mid Atlantic (DE DC MD NJ NY PA), Great Lakes (IL IN MI OH WI), Plains (IA KS MN MO NE ND SD), Southeast (AL AR FL GA KY LA MS NC SC TN VA WV), Southwest (AZ NM OK TX), Rocky Mountains (CO ID MT UT WY), Far West (AK CA HI NV OR WA), and Outlying Areas (VI PR GU AS MP). Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, or separated participants who are still living, plus deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the number of total assets must be at least $50,000. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.

Profile

GS1 US 401(K) Profit Sharing Plan in Ewing, NJ is in New Jersey, its EIN is 362746754, its industry group is Religious, Grantmaking, Civic, Professional, and Similar Organizations, its plan administrator is Laura Incorvia, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, in the nationwide top 250 in total assets, is a multiple-employer plan, its business code is 813000, has 100 to 499 total participants, is better than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, and yield on beginning-of-plan-year total assets (4 total), is better than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (the entire set of 5), and is lower than the overall administrative medians in each of other administrative expenses, total administrative expenses, and total administrative expense ratio.

 

     Numeric values:
  • net assets (assets minus liabilities) ($96.20M)
  • total assets ($96,171,346)
  • value of interest in registered investment companies (e.g., mutual funds) ($90.70M)
  • total assets at beginning of plan year ($79,669,113)
  • total income ($18,823,348)
  • net income ($16,502,233)
  • earnings on investments ($13,199,878)
  • net earnings on investments ($13,199,878)
  • total contributions ($5,623,470)
  • value of interest in common/collective trusts ($5,025,381)
  • cash contributions from participants ($2,519,871)
  • cash contributions from employers ($2,324,135)
  • total expenses ($2,321,115)
  • participant loans ($458,728)
  • average account balance ($265,667)
  • net income per total participant ($45,586)
  • average participant cash contribution per active participant ($10,908)
  • average employer cash contribution per active participant ($10,061)
  • total noninterest-bearing cash ($0)
  • receivables employer contributions ($0)
  • receivables participant contributions ($0)
  • other receivables (not employer nor participant contributions) ($0)
  • interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
  • U.S. government securities ($0.0K)
  • corporate debt instruments (preferred & other than employer securities) ($0)
  • corporate debt instruments (below preferred & other than employer securities) ($0)
  • corporate preferred stocks (other than employer securities) ($0)
  • corporate common stocks (other than employer securities) ($0)
  • partnership/joint venture interests ($0)
  • real estate (other than employer real property) ($0)
  • loans (other than to participants) ($0)
  • value of interest in pooled separate accounts ($0)
  • value of interest in master trust investment accounts ($0.0K)
  • value of interest in 103-12 investment entities ($0)
  • value of funds held in insurance company general account (unallocated contracts) ($0)
  • other general investments ($0)
  • employer-related securities investments ($0)
  • employer-related real-property investments ($0)
  • buildings and other property used in plan operation ($0)
  • total liabilities ($0)
  • corrective distributions ($0)
  • professional fees ($0)
  • contract administrator fees ($0)
  • investment advisory and management fees ($0)
  • asset transfers to this plan ($0)
  • asset transfers from this plan ($0)
  • total administrative expense per participant (-$75.49)
  • other administrative expenses (-$27,329)
  • total administrative expenses (-$27,329)
  • percentage of active participants (63.8%)
  • yield on beginning-of-plan-year total assets (16.57%)
  • diversity of asset types (7.4%)
  • participant loans as a percentage of plan assets (0.48%)
  • total cash as a percentage of plan assets (0.00%)
  • employer securities as a percentage of plan assets (0.00%)
  • total administrative expense ratio (-0.028%)
  • active participants (231)
  • deceased participants whose beneficiaries receive or are entitled to benefits (0)
  • living participants (362)
  • other retired or separated participants entitled to future benefits (130)
  • retired or separated participants receiving benefits (1)
  • total participants (362)

Global References


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GS1 US 401(K) Profit Sharing Plan in Ewing, NJ has the 12th-lowest total administrative expense per participant (-$75.49) of the 909 Mid-Atlantic plans. That -$75.49 compares to an average of $156.98 across those 909 plans.
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