Plan Ledger DOL Form 5500 · updated monthly

Emerging 1, Inc401(k)

EMERGING 1, INC · ROCHESTER, NY · plan year 2022

Reported admin expense ratio · 2022
0.66%

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

Emerging 1, Inc reported $14,470 in plan administrative expenses for 2022: 0.66% of average plan assets, above the peer median. Employer contributions averaged $118 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 professional & technical services employers. By assets it is among the smaller plans on file in New York (5,112th of 5,648), and 10,852nd of 11,654 in professional & technical services. In 2022, employees put in $16.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,086,523
Participants with balances73
Active participants139
Employer contributions$16,373
Employee contributions$275,698
Employer contribution per active participant$118
Average account balance$28,583
Benefits paid to participants$41,741
Plan auditUnmodified (clean) audit opinion
AuditorFLAHERTY SALMIN, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,164
Investment management$10,306
Total administrative$14,470
The Emerging 1, Inc 401(k) match · 2022
Employer contribution per active participant$118
Median for plans this size$1,114

Emerging 1, Inc's 2022 employer contribution ran below the $1,114 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$14,470 · 0.66%
Similar plansProfessional & Technical Services · New York
Matte Finish LLC NY$2.3M · 0.41%
Npower Inc. NY$2.3M · 1.03%
Mueller Services, Inc. NY$2.2M · 0.61%
Namely, Inc. NY$1.9M · 0.00%
Mealogic, Inc. NY$1.9M · 1.07%
Coachhub Inc. NY$1.9M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455402650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.