Plan Ledger DOL Form 5500 · updated monthly

Everest Expeditions, LLC401(k)

EVEREST EXPEDITIONS, LLC 401(K) PLAN · HOLLAND, MI · plan year 2022

Reported admin expense ratio · 2022
1.33%

Everest Expeditions, LLC reported $23,873 in plan administrative expenses for 2022: 1.33% of average plan assets, higher than ~90% 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,423rd of 2,619), and 13,032nd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$1,564,931
Participants with balances65
Active participants60
Employer contributions—
Employee contributions$96,351
Employer contribution per active participant—
Average account balance$24,076
Benefits paid to participants$160,074
Plan auditUnmodified (clean) audit opinion
AuditorBEENE GARTER, A DOEREN MAYHEW FIRM
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,947
Professional / advisory$8,926
Total administrative$23,873
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$23,873 · 1.33%
Similar plansManufacturing · Michigan
Hart Enterprises, Inc. MI$1.6M · 1.14%
Wmc LLC MI$1.6M · 0.38%
Vconverter Corporation MI$1.6M · 0.12%
Orotex Corporation MI$1.6M · 1.45%
Burkland, Inc. MI$1.5M · 0.10%
Preferred Companies MI$1.4M · 0.12%
Eagle Industries, Inc MI$1.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455558968 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.