Plan Ledger DOL Form 5500 · updated monthly

Plant Therapy Inc401(k)

PLANT THERAPY INC 401(K) PROFIT SHARING PLAN & TRUST · TWIN FALLS, ID · plan year 2022

Reported admin expense ratio · 2022
0.98%

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

Plant Therapy Inc reported $13,709 in plan administrative expenses for 2022: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,217 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 retail trade employers. By assets it is among the smaller plans on file in Idaho (315th of 349), and 4,887th of 5,215 in retail trade. In 2022, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,273,398
Participants with balances69
Active participants92
Employer contributions$111,955
Employee contributions$171,101
Employer contribution per active participant$1,217
Average account balance$18,455
Benefits paid to participants$292,371
Plan auditUnmodified (clean) audit opinion
AuditorLEAVITT CHRISTENSEN & CO PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,637
Investment management$2,072
Total administrative$13,709
The Plant Therapy Inc 401(k) match · 2022
Employer contribution per active participant$1,217
Median for plans this size$1,114

Plant Therapy Inc's 2022 employer contribution ran above 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$13,709 · 0.98%
Same employer
Similar plansRetail Trade · Idaho
Goode Auto Group, Inc. ID$2.2M · 0.91%
Bronco Motors, Inc. ID$1.6M · 0.86%
Durango Motor Company CO$1.3M · 0.67%
Lebco Industries LP TX$1.3M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800521499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.