Plan Ledger DOL Form 5500 · updated monthly

Chapin Intl Inc401(k)

CHAPIN INTL INC 401(K) PROFIT SHARING PLAN & TRUST · BATAVIA, NY · plan year 2022

Reported admin expense ratio · 2022
3.37%

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

Chapin Intl Inc reported $6,957 in plan administrative expenses for 2022: 3.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $899 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 professional & technical services employers. By assets it is among the smaller plans on file in New York (5,523rd of 5,648), and 11,517th of 11,654 in professional & technical services. In 2022, employees put in $1.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$265,517
Participants with balances113
Active participants130
Employer contributions$116,859
Employee contributions$119,888
Employer contribution per active participant$899
Average account balance$2,350
Benefits paid to participants$77,701
Plan auditUnmodified (clean) audit opinion
AuditorCHIAMPOU TRAVIS BESAW &KERSHNER LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,957
Total administrative$6,957
The Chapin Intl Inc 401(k) match · 2022
Employer contribution per active participant$899
Median for plans this size$331

Chapin Intl Inc's 2022 employer contribution ran above the $331 median for plans its size, placing it in the top 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$6,957 · 3.37%
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Source: U.S. Department of Labor, Form 5500 series, EIN 853742900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.