Plan Ledger DOL Form 5500 · updated monthly

Al Boenker Insurance Agency, Inc401(k)

AL BOENKER INSURANCE AGENCY, INC RETIREMENT SAVINGS 401(K) PLAN · FORT WORTH, TX · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Al Boenker Insurance Agency, Inc reported $6,244 in plan administrative expenses for 2022: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,061 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 finance & insurance employers. By assets it is among the smaller plans on file in Texas (4,716th of 5,688), and 4,620th of 4,798 in finance & insurance. In 2022, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,591,382
Participants with balances97
Active participants69
Employer contributions$142,214
Employee contributions$201,021
Employer contribution per active participant$2,061
Average account balance$26,715
Benefits paid to participants$160,701
Plan auditUnmodified (clean) audit opinion
AuditorPHILLIP C. MAY PC
The Al Boenker Insurance Agency, Inc 401(k) match · 2022
Employer contribution per active participant$2,061
Median for plans this size$1,114

Al Boenker Insurance Agency, Inc's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top quarter of its peers. 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$6,244 · 0.23%
Similar plansFinance & Insurance · Texas
Aip-Ecs Holdings, LLC TX$3.2M · 1.15%
Aspire Financial, Inc. TX$2.6M · 0.19%
Gold Star Finance, Inc. TX$2.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751941662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.