Plan Ledger DOL Form 5500 · updated monthly

Fleet Lease Exchange Co., Inc.401(k)

FLEET LEASE EXCHANGE CO., INC. 401(K) PROFIT SHARING PLAN · PLAIN CITY, OH · plan year 2022

Reported admin expense ratio · 2022
1.29%

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

Fleet Lease Exchange Co., Inc. reported $52,216 in plan administrative expenses for 2022: 1.29% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,337 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 Ohio (3,237th of 3,295), and 5,099th of 5,215 in retail trade. In 2022, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$315,214
Participants with balances42
Active participants30
Employer contributions$220,097
Employee contributions$349,549
Employer contribution per active participant$7,337
Average account balance$7,505
Benefits paid to participants$1,551,286
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$52,216
Total administrative$52,216
The Fleet Lease Exchange Co., Inc. 401(k) match · 2022
Employer contribution per active participant$7,337
Median for plans this size$1,114

Fleet Lease Exchange Co., Inc.'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 history1
2022$52,216 · 1.29%
Similar plansRetail Trade · Ohio
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S&G Stores LLC OH$161K · 1.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311595373 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.