Plan Ledger DOL Form 5500 · updated monthly

Asure Software, Inc.401(k)

ASURE SOFTWARE, INC. 401(K) RETIREMENT PLAN · AUSTIN, TX · plan year 2022

Reported admin expense ratio · 2022
0.41%

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

Asure Software, Inc. reported $116,676 in plan administrative expenses for 2022: 0.41% of average plan assets, above the peer median. Employer contributions averaged $367 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 information & media employers. By assets it is the 1,713th-largest of 5,688 plans among Texas employers on file, and the 871st of 2,199 in information & media. In 2022, employees put in $17.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,601,544
Participants with balances714
Active participants493
Employer contributions$180,957
Employee contributions$3,140,193
Employer contribution per active participant$367
Average account balance$35,857
Benefits paid to participants$4,532,309
Plan auditUnmodified (clean) audit opinion
AuditorHARPER AND PEARSON COMPANY, P.C.
Administrative expenses, itemized · 2022
Investment management$6,244
Total administrative$116,676
The Asure Software, Inc. 401(k) match · 2022
Employer contribution per active participant$367
Median for plans this size$2,266

Asure Software, 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$116,676 · 0.41%
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Apogee Telecom Inc. TX$25.3M · 0.16%
Zilliant, Inc. TX$24.6M · 0.01%
Powerhouse Management, Inc. TX$24.2M · 0.01%
Eso Solutions, Inc. TX$21.9M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742415696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.