Plan Ledger DOL Form 5500 · updated monthly

Forbes Bros. USA, Inc.401(k)

FORBES BROS. USA 401(K) PLAN · GREENWOOD VILLAGE, CO · plan year 2022

Reported admin expense ratio · 2022
1.49%

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

Forbes Bros. USA, Inc. reported $19,370 in plan administrative expenses for 2022: 1.49% of average plan assets, higher than ~90% of peers. Employer contributions averaged $483 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 utilities employers. By assets it is among the smaller plans on file in Colorado (1,335th of 1,461), and 406th of 412 in utilities. In 2022, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,260,635
Participants with balances93
Active participants497
Employer contributions$240,164
Employee contributions$480,868
Employer contribution per active participant$483
Average account balance$13,555
Benefits paid to participants$599,024
Plan auditUnmodified (clean) audit opinion
The Forbes Bros. USA, Inc. 401(k) match · 2022
Employer contribution per active participant$483
Median for plans this size$1,114

Forbes Bros. USA, 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$19,370 · 1.49%
Similar plansUtilities · Colorado
Pivot Energy, Inc. CO$10.3M · 0.57%
Metron Farnier, LLC CO$1.6M · 0.27%
Rbc Utilities, Inc SC$1.5M · 0.62%
Thayer Investments, LLC OH$1.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473008794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.