Plan Ledger DOL Form 5500 · updated monthly

Focus Inc.401(k)

FOCUS INC 401K PLAN · JONESBORO, AR · plan year 2022

Reported admin expense ratio · 2022
0.21%

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

Focus Inc. reported $2,938 in plan administrative expenses for 2022: 0.21% of average plan assets, below the peer median. Employer contributions averaged $297 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 health care & social assistance employers. By assets it is among the smaller plans on file in Arkansas (414th of 456), and 10,686th of 11,911 in health care & social assistance. In 2022, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,241,684
Participants with balances62
Active participants185
Employer contributions$54,929
Employee contributions$100,948
Employer contribution per active participant$297
Average account balance$20,027
Benefits paid to participants$159,645
Plan auditUnmodified (clean) audit opinion
AuditorLONG & ASSOCIATES PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,938
Total administrative$2,938
The Focus Inc. 401(k) match · 2022
Employer contribution per active participant$297
Median for plans this size$1,114

Focus 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$2,938 · 0.21%
Similar plansHealth Care & Social Assistance · Arkansas
Delta Memorial Hospital AR$1.4M · 1.00%
Craighead Nursing Center AR$1.0M · 1.14%
Bradley Bibb, M.D., PLLC AR$935K · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 710531191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.