Plan Ledger DOL Form 5500 · updated monthly

Chenault Consulting, Inc.401(k)

CHENAULT CONSULTING, INC.401(K) PLAN · FARMINGTON, NM · plan year 2022

Reported admin expense ratio · 2022
1.52%

Chenault Consulting, Inc. reported $22,164 in plan administrative expenses for 2022: 1.52% of average plan assets, higher than ~90% of peers. 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 New Mexico (253rd of 290), and 11,115th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$1,365,463
Participants with balances57
Active participants164
Employer contributions—
Employee contributions$172,286
Employer contribution per active participant—
Average account balance$23,955
Benefits paid to participants$105,863
Plan auditUnmodified (clean) audit opinion
AuditorFINDELL & COMPANY, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$22,164
Total administrative$22,164
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$22,164 · 1.52%
Same employer
Similar plansProfessional & Technical Services · New Mexico
Unity Bpo Inc. NM$3.6M · 0.65%
Precision Ndt, LLC NM$1.8M · 1.40%
Kaart Group, LLC CO$1.4M · 0.18%
Gan Nevada Inc CA$1.4M · 0.50%
Gravity IT Resources FL$1.4M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850471097 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.