Plan Ledger DOL Form 5500 · updated monthly

Facilitech, Inc. dba Business Interiors401(k)

BUSINESS INTERIORS PROFIT SHARING AND 401(K) PLAN · IRVING, TX · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

Facilitech, Inc. dba Business Interiors reported $13,247 in plan administrative expenses for 2022: 0.11% of average plan assets, below the peer median. Employer contributions averaged $1,399 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (2,977th of 5,688), and the 2,516th of 5,215 in retail trade. In 2022, employees put in $4.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,634,585
Participants with balances86
Active participants100
Employer contributions$139,856
Employee contributions$609,172
Employer contribution per active participant$1,399
Average account balance$123,658
Benefits paid to participants$825,900
Plan auditUnmodified (clean) audit opinion
AuditorSUTTON FROST CARY LLP
The Facilitech, Inc. dba Business Interiors 401(k) match · 2022
Employer contribution per active participant$1,399
Median for plans this size$2,266

Facilitech, Inc. dba Business Interiors's 2022 employer contribution ran below 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.

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$13,247 · 0.11%
Similar plansRetail Trade · Texas
2020 Companies, Inc. TX$10.9M · 0.89%
McRee Ford, Inc. TX$10.7M · 0.57%
Don Davis Auto Group, Inc. TX$10.6M · 0.60%
Russell & Smith Ford, Inc. TX$10.1M · 0.41%
Orr, Inc. TX$10.1M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752253859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.