Plan Ledger DOL Form 5500 · updated monthly

Beauty Express Salons & Stores, Inc.401(k)

BEAUTY EXPRESS SALONS & STORES 401(K) PROFIT SHARING PLAN AND TRUST · GOLDEN VALLEY, MN · plan year 2022

Reported admin expense ratio · 2022
0.99%

Beauty Express Salons & Stores, Inc. reported $100,489 in plan administrative expenses for 2022: 0.99% of average plan assets, higher than ~90% 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Minnesota (1,357th of 1,918), and 1,764th of 3,341 in other services.

Plan summary
Net assets, end of year$8,938,747
Participants with balances187
Active participants164
Employer contributions—
Employee contributions$205,308
Employer contribution per active participant—
Average account balance$47,801
Benefits paid to participants$1,056,968
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $6K emplr
2022$8.9M · 187 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$96,018
Total administrative$100,489
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 history2
2023Not separately reported
2022$100,489 · 0.99%
Similar plansOther Services · Minnesota
Animal Humane Society MN$10.0M · 0.37%
Scholarship America Inc. MN$9.6M · 0.48%
Speedy Novus Glass LLC MN$7.6M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273530302 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.