Plan Ledger DOL Form 5500 · updated monthly

Furaat Inc401(k)

FURAAT INC. 401(K) PROFIT SHARING PLAN · SAN DIEGO, CA · plan year 2022

Reported admin expense ratio · 2022
0.60%

Furaat Inc reported $2,637 in plan administrative expenses for 2022: 0.60% of average plan assets, below the peer median. 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.

Across the 1 year on file its reported administrative ratio rose from 0.60% to 5.74%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (9,134th of 9,483), and 11,462nd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$399,855
Participants with balances142
Active participants8
Employer contributions—
Employee contributions$46,897
Employer contribution per active participant—
Average account balance$2,816
Benefits paid to participants$17,155
Plan auditUnmodified (clean) audit opinion
AuditorRILEY AND COMPANY PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$7K · 2 accts
2022$400K · 142 accts
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 history2
2023$11,683 · 5.74%
2022$2,637 · 0.60%
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R L Harris Wortham CA$395K · 1.31%
Land Ocean Inc CA$353K · 2.35%
Vtr, Inc. CA$301K · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461868339 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.