Plan Ledger DOL Form 5500 · updated monthly

Defender Industries Inc401(k)

DEFENDER INDUSTRIES INC 401(K) PROFIT SHARING PLAN & TRUST · WATERFORD, CT · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Defender Industries Inc reported $1,227 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $530 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Connecticut (909th of 1,106), and 3,751st of 5,215 in retail trade. In 2022, employees put in $6.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,032,318
Participants with balances79
Active participants88
Employer contributions$46,663
Employee contributions$313,554
Employer contribution per active participant$530
Average account balance$63,700
Benefits paid to participants$674,859
Plan auditUnmodified (clean) audit opinion
AuditorSRC, CPAS, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,224
Investment management$3
Total administrative$1,227
The Defender Industries Inc 401(k) match · 2022
Employer contribution per active participant$530
Median for plans this size$1,114

Defender Industries Inc's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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$1,227 · 0.02%
Same employer
Similar plansRetail Trade · Connecticut
Ebl, LLC CT$5.6M · 0.12%
Mauro Motors, Inc. CT$4.7M · 0.36%
Premier Automotive CT$4.5M · 0.04%
Scs Direct Inc. CT$4.0M · 0.55%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 135545607 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.