What are the fees in the Ays, Inc. 403(b) plan?

For plan year 2022, Ays, Inc. reported $8,628 in plan administrative expenses, or 1.86% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

How much does Ays, Inc. contribute to its 403(b)?

In 2022, employer contributions to the Ays, Inc. plan averaged $399 per active participant, above the $331 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 Ays, Inc. 401(k)?

The average participant account balance was $20,140 for plan year 2022, based on 27 accounts.

Ays, Inc.403(b)

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

AYS, INC. 403(B) PLAN · INDIANAPOLIS, IN · plan year 2022

Reported admin expense ratio · 2022

1.86%

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

Ays, Inc. reported $8,628 in plan administrative expenses for 2022: 1.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $399 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Indiana (1,521st of 1,562), and 3,027th of 3,091 in educational services. In 2022, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$543,781
Participants with balances27
Active participants148
Employer contributions$59,077
Employee contributions$80,999
Employer contribution per active participant$399
Average account balance$20,140
Benefits paid to participants$23,719
Plan auditUnmodified (clean) audit opinion
AuditorKATZ, SAPPER, AND MILLER, LLP

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$8,628

Total administrative$8,628

Employer contributions to the Ays, Inc. plan · 2022

Employer contribution per active participant$399

Median for plans this size$331

Ays, Inc.'s 2022 employer contribution ran above the $331 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$8,628 · 1.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310989270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.