Plan Ledger DOL Form 5500 · updated monthly

People's Place II, Inc.401(k)

PEOPLE'S PLACE II, INC. 401(K) PLAN · MILFORD, DE · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

People's Place II, Inc. reported $1,506 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $495 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 health care & social assistance employers. By assets it is among the smaller plans on file in Delaware (213th of 242), and 9,322nd of 11,911 in health care & social assistance. In 2022, employees put in $3.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,911,216
Participants with balances98
Active participants86
Employer contributions$42,543
Employee contributions$129,517
Employer contribution per active participant$495
Average account balance$29,706
Benefits paid to participants$37,349
Plan auditUnmodified (clean) audit opinion
AuditorBARBACANE THORNTON & COMPANY
The People's Place II, Inc. 401(k) match · 2022
Employer contribution per active participant$495
Median for plans this size$1,114

People's Place II, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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$1,506 · 0.05%
Similar plansHealth Care & Social Assistance · Delaware
United Medical, LLC DE$3.6M · 0.71%
Biotek Remedys DE$2.4M · 1.18%
Autism Delaware Inc. DE$1.6M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510113062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.