Plan Ledger DOL Form 5500 · updated monthly

E.Republic, Inc.401(k)

E.REPUBLIC, INC. 401(K) SAVINGS & RETIREMENT PLAN · FOLSOM, CA · plan year 2022

Employer contribution per participant · 2022
$2,339

E.Republic, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $10,401,413 across 169 participant accounts, with employer contributions averaging $2,339 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in California (5,340th of 9,483), and 1,487th of 2,199 in information & media. In 2022, employees put in $2.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,401,413
Participants with balances169
Active participants199
Employer contributions$465,481
Employee contributions$1,237,451
Employer contribution per active participant$2,339
Average account balance$61,547
Benefits paid to participants$273,920
Plan auditUnmodified (clean) audit opinion
AuditorPATRICK BUZARELLOS KENDRICK LLP
The E.Republic, Inc. 401(k) match · 2022
Employer contribution per active participant$2,339
Median for plans this size$2,266

E.Republic, Inc.'s 2022 employer contribution ran above 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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 680020714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.