Plan Ledger DOL Form 5500 · updated monthly

Metro Chicken of Pompano Beach401(k)

METRO CHICKEN OF POMPANO BEACH 401(K) PROFIT SHARING PLAN & TRUST · FORT PIERCE, FL · plan year 2022

Reported admin expense ratio · 2022
1.09%

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

Metro Chicken of Pompano Beach reported $5,674 in plan administrative expenses for 2022: 1.09% of average plan assets, above the peer median. Employer contributions averaged $776 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 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 Florida (3,485th of 3,644), and 11,419th of 11,654 in professional & technical services. In 2022, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$524,015
Participants with balances44
Active participants87
Employer contributions$67,477
Employee contributions$110,418
Employer contribution per active participant$776
Average account balance$11,909
Benefits paid to participants$75,882
Plan auditUnmodified (clean) audit opinion
AuditorKAUFMAN ROSSIN & CO., PA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,159
Investment management$2,515
Total administrative$5,674
The Metro Chicken of Pompano Beach 401(k) match · 2022
Employer contribution per active participant$776
Median for plans this size$331

Metro Chicken of Pompano Beach's 2022 employer contribution ran above the $331 median for plans its size, placing it in the top 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$5,674 · 1.09%
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Aba Solutions, Inc. FL$501K · 0.79%
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Source: U.S. Department of Labor, Form 5500 series, EIN 203148605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.