Plan Ledger DOL Form 5500 · updated monthly

Assero Services, LLC401(k)

ASSERO SERVICES 401(K) PLAN · NEWTOWN, PA · plan year 2022

Reported admin expense ratio · 2022
1.91%

Assero Services, LLC reported $6,536 in plan administrative expenses for 2022: 1.91% of average plan assets, higher than ~75% of peers. 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 real estate & leasing employers. By assets it is among the smaller plans on file in Pennsylvania (3,597th of 3,651), and 2,055th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$298,185
Participants with balances82
Active participants57
Employer contributions—
Employee contributions$81,979
Employer contribution per active participant—
Average account balance$3,636
Benefits paid to participants$104,457
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,336
Investment management$3,200
Total administrative$6,536
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$6,536 · 1.91%
Similar plansReal Estate & Leasing · Pennsylvania
Forty Two, LLC PA$611K · 0.71%
Odin Management LLC PA$588K · 1.12%
Bchh Inc PA$442K · 1.05%
Miami Management, Inc. FL$305K · 1.73%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 464565934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.