Plan Ledger DOL Form 5500 · updated monthly

Eastman Footwear Group, Inc.401(k)

EASTMAN FOOTWEAR GROUP, INC. 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Eastman Footwear Group, Inc. reported $37,200 in plan administrative expenses for 2023: 0.34% of average plan assets, above the peer median. Employer contributions averaged $785 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 2 years on file its reported administrative ratio has held roughly steady near 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New York (3,423rd of 5,648), and 2,743rd of 4,246 in wholesale trade. In 2023, employees put in $8.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,345,264
Participants with balances88
Active participants91
Employer contributions$71,463
Employee contributions$579,411
Employer contribution per active participant$785
Average account balance$128,923
Benefits paid to participants$1,954,358
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$11.3M · 88 accts · $71K emplr
2022$10.8M · 105 accts · $77K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,200
Total administrative$37,200
The Eastman Footwear Group, Inc. 401(k) match · 2023
Employer contribution per active participant$785
Median for plans this size$2,440
2023$785 per active participant
2022$556 per active participant

Eastman Footwear Group, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
ASSOCIATED PENSION CONSULTANTS · Contract administrator$7,143
CBIZ CPAS P.C. · Accounting / audit$7,132
EMPOWER ADVISORY GROUP. LLC · Investment management$5,519
MASSACHUSETTS MUTUAL LIFE INS COMP$494
MASSACHUSETTS MUTUAL LIFE INS COMPindirect comp

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$37,200 · 0.34%
2022$39,938 · 0.33%
Similar plansWholesale Trade · New York
Soho Studio LLC. NY$12.0M · 1.12%
Wilberts Inc. NY$12.0M · 0.48%
Vp Supply Corporation NY$11.8M · 0.17%
Api Industries, Inc. NY$11.2M · 0.22%
Boots Retail USA, Inc. NY$10.8M · 0.57%
McCraith Beverages, Inc. NY$10.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134172993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.