Raymond Of New Jersey Llc 401(k) Plan: Login, Facts & Contact Information

Raymond Of New Jersey Llc 401(k) Plan Facts

Plan name
RAYMOND OF NEW JERSEY LLC EMPLOYEE RETIREMENT & SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
RAYMOND OF NEW JERSEY LLC
Participants
194 (171 active employees)
Former employees with a balance
17
Plan assets
$12,174,446 at Dec 31, 2024
Average account balance
$94,376 across 129 accounts
Employer contributions
$188,081 in plan year 2024 (19% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1996
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Aug 12, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.00 million went into the plan in contributions, $188,081 of it from the employer (19%).
  • $1.70 million was paid out to participants.
  • Investment and other income added $1.77 million.
  • Administrative expenses were $60,245, about $467 per account.

How the Raymond Of New Jersey Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019183$8.58 million$158,388$1.97 million
2020194$9.52 million$165,228$1.23 million
2021185$10.8 million$166,305$1.28 million
2022191$9.25 million$176,757$448,877
2023186$11.2 million$183,970$624,182
2024194$12.2 million$188,081$1.70 million

Raymond Of New Jersey Llc 401(k) Contact Information

Phone
908-624-9570
Mailing address
1000 BRIGHTON ST, UNION NJ 070836805
Plan sponsor
RAYMOND OF NEW JERSEY LLC
Employer identification number (EIN)
22-3660795
Plan number
001

Questions about the Raymond Of New Jersey Llc 401(k)

Does Raymond Of New Jersey Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $188,081, 19% of all contributions.

Does the Raymond Of New Jersey Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Raymond Of New Jersey Llc 401(k) plan?

194 participants at the start of plan year 2024, 171 of them active employees, and 17 former employees who still had money in the plan.

What is the average 401(k) balance at Raymond Of New Jersey Llc?

About $94,376 per account: $12.2 million in plan assets across 129 accounts with a balance at the end of plan year 2024.

Who manages the Raymond Of New Jersey Llc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Raymond Of New Jersey Llc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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