Employers Risk Administrators, LLC401(k)
ERISK 401(K) PLAN · MCKINNEY, TX · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Employers Risk Administrators, LLC reported $59,048 in plan administrative expenses for 2022: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,795 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 1 year on file its reported administrative ratio rose from 0.56% to 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (3,090th of 5,688), and the 1,018th of 2,534 in administrative & support services. In 2022, employees put in $1.88 for every $1.00 the employer contributed.
Employers Risk Administrators, LLC'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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 472253541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.