Plan Ledger DOL Form 5500 · updated monthly

Clearent, LLC401(k)

CLEARENT, LLC 401(K) PLAN · CREVE COEUR, MO · plan year 2022

Reported admin expense ratio · 2022
0.57%

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

Clearent, LLC reported $126,737 in plan administrative expenses for 2022: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,869 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 547th-largest of 1,393 plans among Missouri employers on file, and 2,842nd of 4,798 in finance & insurance. In 2022, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,853,710
Participants with balances676
Active participants1,029
Employer contributions$1,923,009
Employee contributions$4,293,821
Employer contribution per active participant$1,869
Average account balance$33,807
Benefits paid to participants$2,368,804
Plan auditUnmodified (clean) audit opinion
AuditorSFW PARTNERS, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $416K emplr
2022$22.9M · 676 accts · $1.9M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$112,437
Professional / advisory$14,300
Total administrative$126,737
The Clearent, LLC 401(k) match · 2022
Employer contribution per active participant$1,869
Median for plans this size$2,266

Clearent, LLC's 2022 employer contribution ran below the $2,266 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 history2
2023Not separately reported
2022$126,737 · 0.57%
Same employer
Similar plansFinance & Insurance · Missouri
Mid-Missouri Bank MO$24.0M · 0.31%
The Daniel and Henry Co. MO$23.0M · 0.36%
Cnb St. Louis Bank MO$20.8M · 0.38%
Mid America Bank MO$19.0M · 0.23%
Community Bancshares, Inc. MO$18.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202775680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.