Plan Ledger DOL Form 5500 · updated monthly

Brand Networks, LLC401(k)

BRAND NETWORKS, LLC 401(K) PLAN · ROCHESTER, NY · plan year 2022

Reported admin expense ratio · 2022
0.78%

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

Brand Networks, LLC reported $40,956 in plan administrative expenses for 2022: 0.78% of average plan assets, higher than ~75% of peers. Employer contributions averaged $727 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.

Across the 1 year on file its reported administrative ratio rose from 0.78% to 2.18%. 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 New York (4,483rd of 5,648), and 9,836th of 11,654 in professional & technical services. In 2022, employees put in $11.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,943,849
Participants with balances146
Active participants70
Employer contributions$50,858
Employee contributions$581,896
Employer contribution per active participant$727
Average account balance$33,862
Benefits paid to participants$302,277
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$49K · 66 accts
2022$4.9M · 146 accts · $51K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$40,956
Total administrative$40,956
The Brand Networks, LLC 401(k) match · 2022
Employer contribution per active participant$727
Median for plans this size$1,114

Brand Networks, LLC's 2022 employer contribution ran below the $1,114 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

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
2023$54,520 · 2.18%
2022$40,956 · 0.78%
Similar plansProfessional & Technical Services · New York
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Urbint NY$4.9M · 0.26%
William Mattar, P.C. NY$4.9M · 0.71%
Madwell LLC NY$4.9M · 0.03%
Taylor Global, Inc. NY$4.9M · 0.53%
Lasalle School, Inc. NY$4.9M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205586826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.