What are the fees in the Elk Lighting, Inc. 401(k) plan?

For plan year 2022, Elk Lighting, Inc. reported $175 in plan administrative expenses, or 0.02% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Elk Lighting, Inc. 401(k)?

The average participant account balance was $43,671 for plan year 2022, based on 19 accounts.

Elk Lighting, Inc.401(k)

Name: Elk Lighting, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

ELK LIGHTING, INC. 401(K) PROFIT SHARING PLAN · NESQUEHONING, PA · plan year 2022

Reported admin expense ratio · 2022

0.02%

Elk Lighting, Inc. reported $175 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. 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 retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (3,530th of 3,651), and 4,992nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$829,755
Participants with balances19
Active participants98
Employer contributions—
Employee contributions$53,560
Employer contribution per active participant—
Average account balance$43,671
Benefits paid to participants$157,344
Plan auditUnmodified (clean) audit opinion
AuditorSTEPHEN R. STRAUHS, CPA, PC

Administrative expenses, itemized · 2022

Professional / advisory$175

Total administrative$175

What these fees cost you

Your balance

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$175 · 0.02%

Similar plansRetail Trade · Pennsylvania
Courtesy Motor Sales, Inc. PA$1.2M · 0.07%
Merion Health Partners, LLC PA$1.0M · 0.62%
Dtc Corporation PA$905K · 0.31%
Community Council for Mental Health PA$877K · 0.45%
Blair Supply Inc PA$720K · 0.43%
Kost Tire Distributors, Inc. PA$650K · 1.32%
Groveburg Corporation A PA$598K · 0.78%
Getta Holdings, Inc. PA$557K · 3.28%

Why are you looking at this plan?

Compare
401(k) plans in Pennsylvania
Worked here before? Find your old 401(k)
401(k) plans in Retail Trade
Plans of similar size
Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 232266840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.