Plan Ledger DOL Form 5500 · updated monthly

Metro Services, LLC401(k)

METRO SERVICES, LLC 401(K) PLAN · TAMPA, FL · plan year 2022

Reported admin expense ratio · 2022
0.52%

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

Metro Services, LLC reported $3,139 in plan administrative expenses for 2022: 0.52% of average plan assets, below the peer median. Employer contributions averaged $725 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 accommodation & food services employers. By assets it is among the smaller plans on file in Florida (3,473rd of 3,644), and 1,872nd of 2,240 in accommodation & food services. In 2022, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$600,536
Participants with balances68
Active participants231
Employer contributions$167,451
Employee contributions$275,542
Employer contribution per active participant$725
Average account balance$8,831
Benefits paid to participants$8,325
Plan auditUnmodified (clean) audit opinion
AuditorFRSCPA, PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,139
Total administrative$3,139
The Metro Services, LLC 401(k) match · 2022
Employer contribution per active participant$725
Median for plans this size$331

Metro Services, LLC'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$3,139 · 0.52%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 320481354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.