Plan Ledger DOL Form 5500 · updated monthly

Ektello LLC401(k)

EKTELLO 401(K) PROFIT SHARING PLAN · TROY, MI · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Ektello LLC reported $225 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $64 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Michigan (2,476th of 2,619), and 2,180th of 2,534 in administrative & support services. In 2022, employees put in $17.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,058,633
Participants with balances34
Active participants280
Employer contributions$17,989
Employee contributions$319,901
Employer contribution per active participant$64
Average account balance$31,136
Benefits paid to participants$32,764
Plan auditUnmodified (clean) audit opinion
AuditorBD & COMPANY, INC.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$225
Total administrative$225
The Ektello LLC 401(k) match · 2022
Employer contribution per active participant$64
Median for plans this size$331

Ektello LLC's 2022 employer contribution ran below the $331 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$225 · 0.02%
Similar plansAdministrative & Support Services · Michigan
Presidion Solutions, Inc. MI$1.4M · 4.36%
Lajoy Group, Inc. MI$854K · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 451813053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.