Plan Ledger DOL Form 5500 · updated monthly

Bendett & McHugh, P.C.401(k)

BENDETT & MCHUGH, P.C. 401K PLAN · FARMINGTON, CT · plan year 2022

Reported admin expense ratio · 2022
0.31%

Bendett & McHugh, P.C. reported $27,170 in plan administrative expenses for 2022: 0.31% of average plan assets, below the peer median. 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 professional & technical services employers. By assets it is among the smaller plans on file in Connecticut (809th of 1,106), and 8,621st of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$8,170,721
Participants with balances157
Active participants175
Employer contributions—
Employee contributions$580,974
Employer contribution per active participant—
Average account balance$52,043
Benefits paid to participants$729,810
Plan auditUnmodified (clean) audit opinion
AuditorHARVEY & HOROWITZ, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$8.2M · 157 accts
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$27,170 · 0.31%
Same employer
Similar plansProfessional & Technical Services · Connecticut
Morrow Sodali LLC CT$9.2M · 0.53%
Hyperfine Operations, Inc CT$8.9M · 0.21%
Operationsinc LLC CT$5.9M · 1.13%
Comprecare Health LLC CT$5.3M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061392870 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.