Plan Ledger DOL Form 5500 · updated monthly

Morales Enterprises, Inc.401(k)

MORALES ENTERPRISES, INC., RETIREMENT READINESS 401(K) PLAN · INDIANAPOLIS, IN · plan year 2022

Reported admin expense ratio · 2022
0.71%

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

Morales Enterprises, Inc. reported $18,975 in plan administrative expenses for 2022: 0.71% of average plan assets, above the peer median. Employer contributions averaged $797 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 Indiana (1,354th of 1,562), and 1,817th of 2,534 in administrative & support services. In 2022, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,654,793
Participants with balances91
Active participants218
Employer contributions$173,730
Employee contributions$327,105
Employer contribution per active participant$797
Average account balance$29,174
Benefits paid to participants$321,067
Plan auditUnmodified (clean) audit opinion
AuditorKATZ SAPPER AND MILLER LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,975
Total administrative$18,975
The Morales Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$797
Median for plans this size$1,114

Morales Enterprises, Inc.'s 2022 employer contribution ran below 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$18,975 · 0.71%
Similar plansAdministrative & Support Services · Indiana
Nxtthing Rpo, LLC IN$2.9M · 0.71%
Entech, Inc. IN$2.8M · 0.25%
Infraware, Inc. IN$2.8M · 0.09%
Ssi Services LLC IN$1.5M · 0.01%
Pro Resources Inc. IN$1.5M · 1.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384036487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.