Plan Ledger DOL Form 5500 · updated monthly

Pathway, Inc.401(k)

PATHWAY, INC. 401(K) PLAN · ENTERPRISE, AL · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

Pathway, Inc. reported $2,880 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $720 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 2 years on file its reported administrative ratio rose from 0.07% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Alabama (707th of 902), and the 1,105th of 2,240 in accommodation & food services. In 2022, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,532,250
Participants with balances128
Active participants223
Employer contributions$160,591
Employee contributions$249,477
Employer contribution per active participant$720
Average account balance$27,596
Benefits paid to participants$566,645
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 167 accts · $171K emplr
2023$3.5M · 142 accts · $164K emplr
2022$3.5M · 128 accts · $161K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,880
Total administrative$2,880
The Pathway, Inc. 401(k) match · 2022
Employer contribution per active participant$720
Median for plans this size$1,114
2024$584 per active participant
2023$690 per active participant
2022$720 per active participant

Pathway, 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 history3
2024$16,239 · 0.49%
2023$5,760 · 0.16%
2022$2,880 · 0.07%
Same employer
Similar plansAccommodation & Food Services · Alabama
Taco Casa, Inc. AL$2.6M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630827995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.