What are the fees in the Arka Express Inc 401(k) plan?

For plan year 2022, Arka Express Inc reported $663 in plan administrative expenses, or 0.63% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Arka Express Inc 401(k)?

The average participant account balance was $4,066 for plan year 2022, based on 32 accounts.

Arka Express Inc401(k)

Name: Arka Express Inc 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

ARKA EXPRESS INC · MARKHAM, IL · plan year 2022

Reported admin expense ratio · 2022

0.63%

Arka Express Inc reported $663 in plan administrative expenses for 2022: 0.63% of average plan assets, below the peer median. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (3,642nd of 3,702), and 2,616th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$130,121
Participants with balances32
Active participants148
Employer contributions—
Employee contributions$103,269
Employer contribution per active participant—
Average account balance$4,066
Benefits paid to participants$37,323
Plan auditUnmodified (clean) audit opinion
AuditorKATZ, SAPPER & MILLER LLP

What these fees cost you

Your balance

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$663 · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320226257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.