Plan Ledger DOL Form 5500 · updated monthly

Kopp Billing Agency, Inc.401(k)

KOPP BILLING AGENCY, INC. 401(K) PLAN · SYRACUSE, NY · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Kopp Billing Agency, Inc. reported $15,583 in plan administrative expenses for 2022: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,824 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 administrative & support services employers. By assets it is among the smaller plans on file in New York (4,449th of 5,648), and 1,426th of 2,534 in administrative & support services. In 2022, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,126,121
Participants with balances91
Active participants82
Employer contributions$149,534
Employee contributions$301,268
Employer contribution per active participant$1,824
Average account balance$56,331
Benefits paid to participants$150,041
Plan auditUnmodified (clean) audit opinion
AuditorEVANS & BENNETT, LLP
Administrative expenses, itemized · 2022
Investment management$15,583
Total administrative$15,583
The Kopp Billing Agency, Inc. 401(k) match · 2022
Employer contribution per active participant$1,824
Median for plans this size$1,114

Kopp Billing Agency, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size. 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$15,583 · 0.29%
Similar plansAdministrative & Support Services · New York
Li-Cycle Inc NY$5.5M · 0.65%
W Services Group, LLC NY$5.4M · 0.98%
Venture Forthe, Inc. NY$5.1M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160952479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.