Plan Ledger DOL Form 5500 · updated monthly

Capitol Business Equipment,Inc.401(k)

CAPITOL BUSINESS EQUIPMENT,INC 401(K)PLAN · MONTGOMERY, AL · plan year 2022

Reported admin expense ratio · 2022
0.38%

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

Capitol Business Equipment,Inc. reported $85,128 in plan administrative expenses for 2022: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,872 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 301st-largest of 902 plans among Alabama employers on file, and the 1,823rd of 4,246 in wholesale trade. In 2022, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,883,155
Participants with balances531
Active participants462
Employer contributions$864,901
Employee contributions$1,499,026
Employer contribution per active participant$1,872
Average account balance$39,328
Benefits paid to participants$1,300,438
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS AND INGRAM
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $448K emplr
2022$20.9M · 531 accts · $865K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$63,448
Professional / advisory$21,680
Total administrative$85,128
The Capitol Business Equipment,Inc. 401(k) match · 2022
Employer contribution per active participant$1,872
Median for plans this size$2,266

Capitol Business Equipment,Inc.'s 2022 employer contribution ran below the $2,266 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
2023Not separately reported
2022$85,128 · 0.38%
Similar plansWholesale Trade · Alabama
Gulf Distributing Co., Inc. AL$23.3M · 0.65%
Sunsouth LLC AL$21.6M · 0.62%
Saginaw Pipe Company, Inc. AL$21.6M · 0.32%
McGriff Industries, Inc. AL$19.7M · 0.26%
Red Diamond, Inc. AL$15.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630673600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.