Plan Ledger DOL Form 5500 · updated monthly

Firststreet for Boomers and Beyond, Inc401(k)

FIRSTSTREET FOR BOOMERS AND BEYOND, INC. 401(K) PLAN · RICHMOND, VA · plan year 2022

Reported admin expense ratio · 2022
0.62%

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

Firststreet for Boomers and Beyond, Inc reported $27,877 in plan administrative expenses for 2022: 0.62% of average plan assets, above the peer median. Employer contributions averaged -$203 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 retail trade employers. By assets it is among the smaller plans on file in Virginia (1,950th of 2,266), and 4,160th of 5,215 in retail trade.

Plan summary
Net assets, end of year$3,655,394
Participants with balances102
Active participants117
Employer contributions-$23,730
Employee contributions$238,732
Employer contribution per active participant-$203
Average account balance$35,837
Benefits paid to participants$1,084,707
Plan auditUnmodified (clean) audit opinion
AuditorPKF O'CONNOR DAIVES LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,044
Investment management$12,833
Total administrative$27,877
The Firststreet for Boomers and Beyond, Inc 401(k) match · 2022
Employer contribution per active participant-$203
Median for plans this size$1,114

Firststreet for Boomers and Beyond, Inc's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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$27,877 · 0.62%
Similar plansRetail Trade · Virginia
Nelson Automotive Group VA$4.6M · 0.04%
Shades of Light, LLC VA$4.3M · 0.52%
Belfort Furniture Inc. VA$3.8M · 0.67%
Bonfire Funds Inc VA$3.2M · 1.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621314909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.