Plan Ledger DOL Form 5500 · updated monthly

Lixi Nanuet, Inc.401(k)

LIXI GROUP 401(K) PLAN · NANUET, NY · plan year 2022

Reported admin expense ratio · 2022
0.78%

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

Lixi Nanuet, Inc. reported $8,986 in plan administrative expenses for 2022: 0.78% of average plan assets, above the peer median. Employer contributions averaged $551 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 accommodation & food services employers. By assets it is among the smaller plans on file in New York (5,320th of 5,648), and 1,703rd of 2,240 in accommodation & food services. In 2022, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,087,931
Participants with balances90
Active participants145
Employer contributions$79,866
Employee contributions$123,804
Employer contribution per active participant$551
Average account balance$12,088
Benefits paid to participants$120,533
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTON LARSONALLEN LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $14K emplr
2022$1.1M · 90 accts · $80K emplr
The Lixi Nanuet, Inc. 401(k) match · 2022
Employer contribution per active participant$551
Median for plans this size$1,114

Lixi Nanuet, 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 history2
2023Not separately reported
2022$8,986 · 0.78%
Similar plansAccommodation & Food Services · New York
Chh, LLC NY$1.2M · 1.09%
Salvatore Properties, LLC NY$1.1M · 1.43%
George Super Topco LLC NY$935K · 1.03%
Blank Street, Inc. NY$922K · 0.75%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 463390739 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.