Plan Ledger DOL Form 5500 · updated monthly

Coachhub Inc.401(k)

COACHHUB INC. 401(K) AND PROFIT SHARING PLAN AND TRUST · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.86%

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

Coachhub Inc. reported $14,307 in plan administrative expenses for 2023: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,273 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.

Across the 1 year on file its reported administrative ratio rose from 0.19% to 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (5,145th of 5,648), and 10,908th of 11,654 in professional & technical services. In 2023, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,933,399
Participants with balances103
Active participants33
Employer contributions$207,022
Employee contributions$484,030
Employer contribution per active participant$6,273
Average account balance$18,771
Benefits paid to participants$490,886
Plan auditUnmodified (clean) audit opinion
AuditorLANCE, SOLL & LUNGHARD, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$1.9M · 103 accts · $207K emplr
2022$1.4M · 133 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,307
Total administrative$14,307
The Coachhub Inc. 401(k) match · 2023
Employer contribution per active participant$6,273
Median for plans this size$1,308

Coachhub Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Loan processing · Recordkeeping$14,307

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$14,307 · 0.86%
2022$2,650 · 0.19%
Similar plansProfessional & Technical Services · New York
Emerging 1, Inc NY$2.1M · 0.66%
Namely, Inc. NY$1.9M · 0.00%
Mealogic, Inc. NY$1.9M · 1.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 861207035 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.