Plan Ledger DOL Form 5500 · updated monthly

Anchor Computer, Inc.401(k)

ANCHOR COMPUTER, INC. 401(K) PLAN · MELVILLE, NY · plan year 2022

Reported admin expense ratio · 2022
0.35%

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

Anchor Computer, Inc. reported $48,757 in plan administrative expenses for 2022: 0.35% of average plan assets, above the peer median. Employer contributions averaged $449 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,208th of 5,648), and 7,728th of 13,661 in manufacturing. In 2022, employees put in $14.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,949,644
Participants with balances86
Active participants81
Employer contributions$36,378
Employee contributions$515,082
Employer contribution per active participant$449
Average account balance$150,577
Benefits paid to participants$546,314
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$22,986
Investment management$8,188
Professional / advisory$17,583
Total administrative$48,757
The Anchor Computer, Inc. 401(k) match · 2022
Employer contribution per active participant$449
Median for plans this size$2,266

Anchor Computer, Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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$48,757 · 0.35%
Similar plansManufacturing · New York
I3 Technology Group, LLC NY$13.1M · 0.16%
The Bazooka Companies, LLC NY$13.1M · 0.21%
Horn USA Inc NY$12.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112332132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.