Plan Ledger DOL Form 5500 · updated monthly

Michell Enterprises, LLCProfit-sharing plan

MICHELL ENTERPRISES, LLC 401(K) AND PROFIT SHARING PLAN · WINDSOR LOCKS, CT · plan year 2022

Reported admin expense ratio · 2022
0.58%

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

Michell Enterprises, LLC reported $2,294 in plan administrative expenses for 2022: 0.58% of average plan assets, below the peer median. Employer contributions averaged $162 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 Connecticut (1,082nd of 1,106), and 1,953rd of 2,240 in accommodation & food services. In 2022, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$398,873
Participants with balances79
Active participants773
Employer contributions$125,370
Employee contributions$281,158
Employer contribution per active participant$162
Average account balance$5,049
Benefits paid to participants$1,634
Plan auditUnmodified (clean) audit opinion
AuditorR. A. HALL & CO., LLC
Administrative expenses, itemized · 2022
Investment management$2,294
Total administrative$2,294
Employer contributions to the Michell Enterprises, LLC plan · 2022
Employer contribution per active participant$162
Median for plans this size$331

Michell Enterprises, LLC's 2022 employer contribution ran below the $331 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$2,294 · 0.58%
Similar plansAccommodation & Food Services · Connecticut
B & Z Management CT$1.4M · 0.34%
Walsh Enterprises, Inc. CT$1.2M · 0.76%
Adt Pizza, LLC CT$461K · 1.78%
320 Jb Donuts Inc CT$137K · 4.91%
J. and a. Foods, LLC CT$19K · 3.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 200354910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.