Plan Ledger DOL Form 5500 · updated monthly

Filling the Gap, Inc.401(k)

FILLING THE GAP 401(K) RETIREMENT SAVINGS PLAN · JAMESTOWN, NY · plan year 2022

Reported admin expense ratio · 2022
1.65%

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

Filling the Gap, Inc. reported $9,902 in plan administrative expenses for 2022: 1.65% of average plan assets, above the peer median. Employer contributions averaged $1,120 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 real estate & leasing employers. By assets it is among the smaller plans on file in New York (5,443rd of 5,648), and 2,027th of 2,096 in real estate & leasing. In 2022, the employer put in $2.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$537,337
Participants with balances64
Active participants40
Employer contributions$44,783
Employee contributions$21,439
Employer contribution per active participant$1,120
Average account balance$8,396
Benefits paid to participants$78,848
Plan auditUnmodified (clean) audit opinion
AuditorSAXTON, KOCUR AND ASSOCIATES, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,902
Total administrative$9,902
The Filling the Gap, Inc. 401(k) match · 2022
Employer contribution per active participant$1,120
Median for plans this size$331

Filling the Gap, Inc.'s 2022 employer contribution ran above the $331 median for plans its size, placing it in the top 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$9,902 · 1.65%
Similar plansReal Estate & Leasing · New York
Clipper Realty, LP NY$846K · 0.62%
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1199 Housing Corp NY$427K · 4.02%
Mhf Mgmt 2 LLC NY$139K · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223360489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.