Benefitfocus.com, Inc.401(k)
BENEFITFOCUS. COM, INC. 401(K) PROFIT SHARING PLAN · CHARLESTON, SC · plan year 2022
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Benefitfocus.com, Inc. reported $162,091 in plan administrative expenses for 2022: 0.13% of average plan assets, above the peer median. Employer contributions averaged $1,684 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 55th-largest of 807 plans among South Carolina employers on file, and the 1,382nd of 11,654 in professional & technical services. In 2022, employees put in $5.11 for every $1.00 the employer contributed.
Benefitfocus.com, Inc.'s 2022 employer contribution ran below the $3,449 median for plans its size, in the bottom quarter of its peers. 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 571099948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.