Plan Ledger DOL Form 5500 · updated monthly

Facility Value, Inc.401(k)

FACILITY VALUE, INC. 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Facility Value, Inc. reported $292 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $256 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (5,380th of 5,648), and 2,250th of 2,534 in administrative & support services. In 2022, employees put in $2.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$785,774
Participants with balances20
Active participants105
Employer contributions$26,864
Employee contributions$70,330
Employer contribution per active participant$256
Average account balance$39,289
Benefits paid to participants$8,697
Plan auditUnmodified (clean) audit opinion
AuditorWALSH & DICKINSON
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$292
Total administrative$292
The Facility Value, Inc. 401(k) match · 2022
Employer contribution per active participant$256
Median for plans this size$331

Facility Value, Inc.'s 2022 employer contribution ran below the $331 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$292 · 0.04%
Similar plansAdministrative & Support Services · New York
Secur Corp NY$1.1M · 0.58%
Coop Careers, Inc NY$861K · 0.10%
Humanedge, Inc. NY$763K · 2.14%
Sandy Bay Solutions LLC NY$756K · 1.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061615029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.