Plan Ledger DOL Form 5500 · updated monthly

Deva Concepts, LLC401(k)

DEVA CONCEPTS, LLC 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Deva Concepts, LLC reported $7,142 in plan administrative expenses for 2022: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,414 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 wholesale trade employers. By assets it is among the smaller plans on file in New York (4,596th of 5,648), and 3,720th of 4,246 in wholesale trade. In 2022, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,414,269
Participants with balances107
Active participants46
Employer contributions$249,044
Employee contributions$457,249
Employer contribution per active participant$5,414
Average account balance$41,255
Benefits paid to participants$676,622
Plan auditUnmodified (clean) audit opinion
AuditorMACIAS, GINI & O'CONNELL LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $135K emplr
2022$4.4M · 107 accts · $249K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,142
Total administrative$7,142
The Deva Concepts, LLC 401(k) match · 2022
Employer contribution per active participant$5,414
Median for plans this size$1,114

Deva Concepts, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$7,142 · 0.15%
Similar plansWholesale Trade · New York
E & V Energy Corporation NY$5.0M · 0.11%
Gabriel Brothers, Inc. NY$4.8M · 0.55%
Chilewich Sultan LLC NY$4.5M · 0.42%
Bedgear, LLC NY$4.3M · 0.79%
Cheezwhse.com, Inc NY$4.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522367845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.