New Horizons Worldwide, Inc.401(k)
THE NEW HORIZONS WORLDWIDE 401(K) RETIREMENT SAVINGS PLAN · TAMPA, FL · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
New Horizons Worldwide, Inc. reported $42,850 in plan administrative expenses for 2022: 0.45% of average plan assets, below the peer median. Employer contributions averaged $633 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.
Across the 1 year on file its reported administrative ratio rose from 0.45% to 0.51%. 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 Florida (1,827th of 3,644), and the 1,026th of 2,534 in administrative & support services. In 2022, employees put in $9.64 for every $1.00 the employer contributed.
New Horizons Worldwide, 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 222941704 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.