Plan Ledger DOL Form 5500 · updated monthly

Absolute Dental Services, Inc.401(k)

ABSOLUTE DENTAL SERVICES, INC. 401(K) PROFIT SHARING PLAN · DURHAM, NC · plan year 2022

Reported admin expense ratio · 2022
0.80%

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

Absolute Dental Services, Inc. reported $21,638 in plan administrative expenses for 2022: 0.80% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,041 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,684th of 2,005), and 12,407th of 13,661 in manufacturing. In 2022, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,791,724
Participants with balances86
Active participants165
Employer contributions$171,684
Employee contributions$328,766
Employer contribution per active participant$1,041
Average account balance$32,462
Benefits paid to participants$72,480
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHEC(K) CPAS, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$21,638
Total administrative$21,638
The Absolute Dental Services, Inc. 401(k) match · 2022
Employer contribution per active participant$1,041
Median for plans this size$1,114

Absolute Dental Services, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$21,638 · 0.80%
Same employer
Similar plansManufacturing · North Carolina
Crete Solutions, LLC NC$2.9M · 0.91%
Dewey's Bakery, Inc. NC$2.8M · 0.78%
Cavotec USA Inc. NC$2.8M · 0.65%
Fibrix, LLC NC$2.8M · 0.12%
Andersen Products, Inc. NC$2.6M · 0.63%
Nester Hosiery, LLC NC$2.5M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201531207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.