Plan Ledger DOL Form 5500 · updated monthly

Atlantic Refinishing and Restoration, Inc.401(k)

ATLANTIC REFINISHING AND RESTORATION, INC. 401(K) PLAN · BELTSVILLE, MD · plan year 2022

Reported admin expense ratio · 2022
1.91%

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

Atlantic Refinishing and Restoration, Inc. reported $44,658 in plan administrative expenses for 2022: 1.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $855 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 construction employers. By assets it is among the smaller plans on file in Maryland (1,504th of 1,671), and 4,745th of 5,337 in construction. In 2022, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,263,736
Participants with balances72
Active participants210
Employer contributions$179,510
Employee contributions$305,964
Employer contribution per active participant$855
Average account balance$31,441
Benefits paid to participants$173,695
Plan auditUnmodified (clean) audit opinion
AuditorMULLEN,SONDBERG,WIMBISH & STONE,PA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$34,322
Investment management$5,168
Professional / advisory$5,168
Total administrative$44,658
The Atlantic Refinishing and Restoration, Inc. 401(k) match · 2022
Employer contribution per active participant$855
Median for plans this size$1,114

Atlantic Refinishing and Restoration, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size. 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$44,658 · 1.91%
Similar plansConstruction · Maryland
J.W. & Sons, Inc. MD$2.5M · 0.50%
Sandy Excavating, Inc MD$2.4M · 0.09%
Thomas H. Ruark, Inc. MD$2.1M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521642069 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.