Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Apprentice FS
Apprentice FS 401(k)
- Professional, scientific, and technical services
- Jersey City, NJ
- EIN 47-4249438
- 1 plan with Schedule H financials
- Plan year 2024
- Apprentice FS, Inc.
Administrative expenses excluding investment management, per participant · Apprentice FS, Inc. 401(k) Plan · plan year 2024
$391.94
Higher than 95% of the 14,713 plans $1 to 10M that report it.
Source
= $35,275 / 90
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015120338NAL0009475730001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015120338NAL0009475730001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Cost and contributions
Administrative expenses per participant
$391.94
Higher than 92% of the 15,210 plans $1 to 10M that report it.
Source
= $35,275 / 90
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015120338NAL0009475730001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015120338NAL0009475730001, received 2025-10-15
Administrative expenses as a share of assets
0.596%
Higher than 58% of the 15,243 plans $1 to 10M that report it.
Source
= $35,275 / $5,916,661
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015120338NAL0009475730001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015120338NAL0009475730001, received 2025-10-15
Employer contributions per participant
$4,024
Higher than 97% of the 13,342 plans $1 to 10M that report it.
Source
= $362,152 / 90
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015120338NAL0009475730001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015120338NAL0009475730001, received 2025-10-15
Employer share of total contributions
26.4%
Higher than 42% of the 13,370 plans $1 to 10M that report it.
Source
= $362,152 / $1,369,877
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015120338NAL0009475730001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015120338NAL0009475730001, received 2025-10-15
Plan terms, as stated in Apprentice FS, Inc.'s SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015120338NAL0009475730001, received 2025-10-15
Full record, Apprentice FS, Inc. 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | APPRENTICE FS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Plan name | APPRENTICE FS, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Sponsor EIN / plan number | 47-4249438 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Sponsor location | JERSEY CITY, NJ | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Industry (business code) | 541519, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Participants, beginning of year | 133 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Active participants | 56 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Participants, end of year | 91 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Participants with an account balance | 90 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Total assets, beginning of year | $5,606,184 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Total assets, end of year | $5,916,661 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Net assets, end of year | $5,916,661 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Total income | $2,040,239 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Net income | $310,477 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Employer contributions | $362,152 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Participant contributions | $825,402 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $182,323 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Total contributions | $1,369,877 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Benefit payments | $1,618,144 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $1,729,762 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Total administrative expenses | $35,275 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Contract administrator fees | $35,275 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Administrative expenses excluding investment management | $35,275 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Held in common/collective trusts | $4,228,199 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Held in mutual funds | $1,511,288 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015120338NAL0009475730001, received 2025-10-15 |
| Independent auditor | WISS & COMPANY, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015120338NAL0009475730001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015120338NAL0009475730001, received 2025-10-15.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANYrecordkeeper | CONTRACT ADMINISTRATOR | 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $23,865 | yes |
| S B H U LIFE AGENCY INC | OTHER SERVICES | 49 Other services; 55 Other commissions; 99 Other fees | $0 | yes |
| WILSHIRE ADVISORS LLC | INVESTMENT ADVISORY | 27 Investment advisory (plan); 72 Other investment fees and expenses | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015120338NAL0009475730001, received 2025-10-15.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $5,606,184 | $5,916,661 | 5.5% |
| Participants with a balance | 139 | 90 | -35.3% |
| Administrative expenses | $40,249 | $35,275 | -12.4% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $653,552 | $362,152 | -44.6% |
Prior filing 20250219140247NAL0003495907001, received 2025-02-19; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: APPRENTICE FS, INC.; SEC registrant: Apprentice FS, Inc. (CIK 1711295, matched by EIN).