Plan Ledger DOL Form 5500 · updated monthly

Fleetwash Inc401(k)

FLEETWASH INC 401(K) PROFIT SHARING PLAN & TRUST · FAIRFIELD, NJ · plan year 2022

Reported admin expense ratio · 2022
3.74%

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

Fleetwash Inc reported $10,108 in plan administrative expenses for 2022: 3.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 other services employers. By assets it is among the smaller plans on file in New Jersey (2,328th of 2,419), and 3,228th of 3,341 in other services.

Plan summary
Net assets, end of year$301,329
Participants with balances49
Active participants827
Employer contributions$0
Employee contributions$137,969
Employer contribution per active participant$0
Average account balance$6,150
Benefits paid to participants$17,745
Plan auditUnmodified (clean) audit opinion
AuditorMERCADIEN, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,935
Investment management$1,173
Total administrative$10,108
The Fleetwash Inc 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Fleetwash Inc's 2022 employer contribution ran below the $331 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$10,108 · 3.74%
Same employer
Similar plansOther Services · New Jersey
Pennreach Inc NJ$1.0M · 0.24%
Wilson Parts Group LLC NJ$903K · 1.26%
Sp-Hs, LLC NJ$582K · 1.44%
Pmp Opco LLC NJ$271K · 1.94%
Fgg Spa, LLC NJ$194K · 2.53%
Technical Arts Group LLC NJ$157K · 1.74%
Sjs Hospitality LLC NJ$80K · 0.60%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 222867084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.