Plan Ledger DOL Form 5500 · updated monthly

Brainstorm, Inc.401(k)

BRAINSTORM, INC. 401(K) PLAN · AMERICAN FORK, UT · plan year 2022

Reported admin expense ratio · 2022
0.73%

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

Brainstorm, Inc. reported $47,078 in plan administrative expenses for 2022: 0.73% of average plan assets, above the peer median. Employer contributions averaged $4,545 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 information & media employers. By assets it is among the smaller plans on file in Utah (572nd of 848), and 1,807th of 2,199 in information & media. In 2022, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,021,412
Participants with balances85
Active participants88
Employer contributions$399,956
Employee contributions$910,507
Employer contribution per active participant$4,545
Average account balance$70,840
Benefits paid to participants$1,260,885
Plan auditUnmodified (clean) audit opinion
The Brainstorm, Inc. 401(k) match · 2022
Employer contribution per active participant$4,545
Median for plans this size$1,114

Brainstorm, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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.

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 history1
2022$47,078 · 0.73%
Similar plansInformation & Media · Utah
Chess.com, LLC UT$8.0M · 0.23%
Jobnimbus, LLC UT$7.5M · 1.51%
Smule, Inc. UT$7.0M · 0.22%
Spiff, Inc. UT$5.5M · 0.00%
Sales Rabbit, Inc. UT$5.1M · 0.49%
Plato Elearning LLC UT$4.5M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870535674 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.