Plan Ledger DOL Form 5500 · updated monthly

Cassanos, Inc.401(k)

CASSANOS, INC. 401(K) PLAN AND TRUST · KETTERING, OH · plan year 2022

Reported admin expense ratio · 2022
1.07%

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

Cassanos, Inc. reported $47,724 in plan administrative expenses for 2022: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $641 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 accommodation & food services employers. By assets it is among the smaller plans on file in Ohio (2,659th of 3,295), and the 991st of 2,240 in accommodation & food services. In 2022, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,169,671
Participants with balances85
Active participants261
Employer contributions$167,237
Employee contributions$290,120
Employer contribution per active participant$641
Average account balance$49,055
Benefits paid to participants$237,172
Plan auditUnmodified (clean) audit opinion
AuditorFLAGEL, HUBER, FLAGEL & COMPANY
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$40,239
Professional / advisory$7,485
Total administrative$47,724
The Cassanos, Inc. 401(k) match · 2022
Employer contribution per active participant$641
Median for plans this size$1,114

Cassanos, Inc.'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 history1
2022$47,724 · 1.07%
Same employer
Similar plansAccommodation & Food Services · Ohio
Rda Management, Inc. OH$4.6M · 0.50%
Montgomery Inn, Inc. OH$4.5M · 0.52%
Shibley Management, Inc. OH$4.4M · 0.78%
3RD Gen Mojo, LLC OH$4.0M · 0.06%
Ulrey Foods, Inc. OH$3.7M · 1.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 310584430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.