What are the fees in the Awbw Corp 401(k) plan?

For plan year 2022, Awbw Corp reported $8,810 in plan administrative expenses, or 0.69% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the Awbw Corp 401(k) match?

In 2022, employer contributions to the Awbw Corp plan averaged $1,145 per active participant, above the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Awbw Corp 401(k)?

The average participant account balance was $16,168 for plan year 2022, based on 74 accounts.

Awbw Corp401(k)

Name: Awbw Corp 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

AWBW 401(K) PLAN · BRIGHTON, MI · plan year 2022

Reported admin expense ratio · 2022

0.69%

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

Awbw Corp reported $8,810 in plan administrative expenses for 2022: 0.69% of average plan assets, above the peer median. Employer contributions averaged $1,145 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 accommodation & food services employers. By assets it is among the smaller plans on file in Michigan (2,468th of 2,619), and 1,663rd of 2,240 in accommodation & food services. In 2022, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,196,433
Participants with balances74
Active participants102
Employer contributions$116,795
Employee contributions$221,406
Employer contribution per active participant$1,145
Average account balance$16,168
Benefits paid to participants$224,731
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP, PC

Administrative expenses, itemized · 2022

Professional / advisory$8,810

Total administrative$8,810

The Awbw Corp 401(k) match · 2022

Employer contribution per active participant$1,145

Median for plans this size$1,114

Awbw Corp's 2022 employer contribution ran above 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

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$8,810 · 0.69%

Similar plansAccommodation & Food Services · Michigan
Blue Ribbon Restaurants Novi, LLC MI$2.3M · 0.22%
Trigo Pizza Company, Inc. MI$1.8M · 1.13%
Alexi of Lapeer, Inc. MI$1.2M · 1.72%
Roberts and Roberts, Inc. MI$1.2M · 0.68%
Dortch Enterprises, LLC MI$887K · 0.65%
Treetops Acquisition Company, LLC MI$836K · 2.91%
Douglas Corporation MI$819K · 1.17%
Restaurant Partners Management MI$675K · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383281510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.