What are the fees in the Humanedge, Inc. 401(k) plan?

For plan year 2022, Humanedge, Inc. reported $15,185 in plan administrative expenses, or 2.14% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Humanedge, Inc. 401(k)?

The average participant account balance was $17,336 for plan year 2022, based on 44 accounts.

Humanedge, Inc.401(k)

Name: Humanedge, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

HUMANEDGE 401(K) PLAN · WHITE PLAINS, NY · plan year 2022

Reported admin expense ratio · 2022

2.14%

Humanedge, Inc. reported $15,185 in plan administrative expenses for 2022: 2.14% of average plan assets, higher than ~75% of peers. 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 administrative & support services employers. By assets it is among the smaller plans on file in New York (5,389th of 5,648), and 2,257th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$762,778
Participants with balances44
Active participants712
Employer contributions—
Employee contributions$302,811
Employer contribution per active participant—
Average account balance$17,336
Benefits paid to participants$119,158
Plan auditUnmodified (clean) audit opinion
AuditorPRAGER METIS CPAS, LLC

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$15,185

Total administrative$15,185

What these fees cost you

Your balance

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$15,185 · 2.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133746743 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.