Plan Ledger DOL Form 5500 · updated monthly

Center for Employment and Transition, Inc.403(b)

EMPAC GROUP, INC. 403(B) RETIREMENT PLAN · SULLIVAN, MO · plan year 2022

Reported admin expense ratio · 2022
1.05%

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

Center for Employment and Transition, Inc. reported $3,172 in plan administrative expenses for 2022: 1.05% of average plan assets, above the peer median. Employer contributions averaged $97 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Missouri (1,375th of 1,393), and 3,238th of 3,341 in other services. In 2022, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$253,360
Participants with balances32
Active participants207
Employer contributions$20,144
Employee contributions$37,236
Employer contribution per active participant$97
Average account balance$7,918
Benefits paid to participants$91,022
Plan auditUnmodified (clean) audit opinion
AuditorSIKICH LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,172
Total administrative$3,172
Employer contributions to the Center for Employment and Transition, Inc. plan · 2022
Employer contribution per active participant$97
Median for plans this size$331

Center for Employment and Transition, Inc.'s 2022 employer contribution ran below the $331 median for plans its size, in the bottom 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$3,172 · 1.05%
Similar plansOther Services · Missouri
Peoples Community Bank MO$1.3M · 1.35%
J & M Enterprises Inc MO$1.3M · 0.71%
Cardwell Lumber Inc. MO$493K · 1.87%
Pmp Opco LLC NJ$271K · 1.94%
Carolina Waste Group NC$258K · 0.77%
Hoosick Central LLC NY$258K · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461553841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.