Plan Ledger DOL Form 5500 · updated monthly

Findaway World, LLC401(k)

FINDAWAY 401(K) · SOLON, OH · plan year 2022

Reported admin expense ratio · 2022
0.68%

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

Findaway World, LLC reported $47,181 in plan administrative expenses for 2022: 0.68% of average plan assets, above the peer median. Employer contributions averaged $2,487 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 $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 Ohio (2,477th of 3,295), and 10,958th of 13,661 in manufacturing. In 2022, employees put in $3.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,465,737
Participants with balances114
Active participants79
Employer contributions$196,495
Employee contributions$711,525
Employer contribution per active participant$2,487
Average account balance$47,945
Benefits paid to participants$2,219,795
Plan auditUnmodified (clean) audit opinion
AuditorCOHEN & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $25K emplr
2022$5.5M · 114 accts · $196K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$29,713
Investment management$17,468
Total administrative$47,181
The Findaway World, LLC 401(k) match · 2022
Employer contribution per active participant$2,487
Median for plans this size$1,114

Findaway World, LLC's 2022 employer contribution ran above the $1,114 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 history2
2023Not separately reported
2022$47,181 · 0.68%
Similar plansManufacturing · Ohio
Select Industries Corp. OH$5.7M · 0.48%
Cutting Dynamics, Inc. OH$5.6M · 0.61%
Die-Matic Corporation OH$5.5M · 0.04%
Skybox Packaging, LLC OH$5.5M · 0.11%
East End Welding, LLC OH$5.4M · 0.75%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201388060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.