Plan Ledger DOL Form 5500 · updated monthly

Chmk Associates Inc401(k)

CHMK ASSOCIATES · KENNESAW, GA · plan year 2022

Reported admin expense ratio · 2022
1.16%

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

Chmk Associates Inc reported $1,741 in plan administrative expenses for 2022: 1.16% of average plan assets, above the peer median. Employer contributions averaged $201 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 health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (2,130th of 2,160), and 11,689th of 11,911 in health care & social assistance. In 2022, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$182,725
Participants with balances30
Active participants139
Employer contributions$27,890
Employee contributions$66,113
Employer contribution per active participant$201
Average account balance$6,091
Benefits paid to participants$6,421
Plan auditUnmodified (clean) audit opinion
AuditorNICHOLS, CAULEY & ASSO.
The Chmk Associates Inc 401(k) match · 2022
Employer contribution per active participant$201
Median for plans this size$331

Chmk Associates Inc's 2022 employer contribution ran below the $331 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$1,741 · 1.16%
Similar plansHealth Care & Social Assistance · Georgia

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Source: U.S. Department of Labor, Form 5500 series, EIN 582544938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.