Plan Ledger DOL Form 5500 · updated monthly

Joseph M. Anderson dba Smokin Joes401(k)

SMOKIN JOES RETIREMENT PLAN · SANBORN, NY · plan year 2022

Reported admin expense ratio · 2022
0.57%

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

Joseph M. Anderson dba Smokin Joes reported $23,401 in plan administrative expenses for 2022: 0.57% of average plan assets, above the peer median. Employer contributions averaged $216 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 retail trade employers. By assets it is among the smaller plans on file in New York (4,773rd of 5,648), and 4,192nd of 5,215 in retail trade. In 2022, employees put in $6.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,559,459
Participants with balances75
Active participants127
Employer contributions$27,419
Employee contributions$173,681
Employer contribution per active participant$216
Average account balance$47,459
Benefits paid to participants$210,158
Plan auditUnmodified (clean) audit opinion
AuditorTHE ZLC GROUP, CPA'S, LLC
The Joseph M. Anderson dba Smokin Joes 401(k) match · 2022
Employer contribution per active participant$216
Median for plans this size$1,114

Joseph M. Anderson dba Smokin Joes'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$23,401 · 0.57%
Similar plansRetail Trade · New York
Paragon Sports LLC NY$3.7M · 0.11%
Plaza Motors LLC NY$3.7M · 0.61%
H.E.P. Materials Corp. NY$3.6M · 0.80%
Lobster Place NY$3.6M · 0.05%
Diptyque Distribution LLC NY$3.5M · 0.12%
Omega Moulding Co LTD NY$3.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161316822 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.