Plan Ledger DOL Form 5500 · updated monthly

Capabilities, LLC401(k)

CAPABILITIES, LLC 401(K) PLAN · SAINT MARYS, OH · plan year 2022

Reported admin expense ratio · 2022
1.06%

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

Capabilities, LLC reported $23,948 in plan administrative expenses for 2022: 1.06% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,724 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 professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,977th of 3,295), and 10,799th of 11,654 in professional & technical services. In 2022, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,256,780
Participants with balances87
Active participants108
Employer contributions$186,163
Employee contributions$271,372
Employer contribution per active participant$1,724
Average account balance$25,940
Benefits paid to participants$197,965
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$23,948
Total administrative$23,948
The Capabilities, LLC 401(k) match · 2022
Employer contribution per active participant$1,724
Median for plans this size$1,114

Capabilities, LLC's 2022 employer contribution ran above 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 history1
2022$23,948 · 1.06%
Similar plansProfessional & Technical Services · Ohio
Vertical Knowledge L.L.C. OH$2.6M · 0.12%
Horizon Management, Inc. OH$2.4M · 1.61%
Yardmaster, Inc. OH$1.8M · 1.05%
Agility Partners, LLC OH$1.6M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341859776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.