Plan Ledger DOL Form 5500 · updated monthly

Poway Academy of Hair Design, Inc.401(k)

POWAY ACADEMY OF HAIR RETIREMENT TRUST · POWAY, CA · plan year 2022

Reported admin expense ratio · 2022
0.05%

Poway Academy of Hair Design, Inc. reported $300 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in California (9,010th of 9,483), and 3,021st of 3,091 in educational services.

Plan summary
Net assets, end of year$625,776
Participants with balances37
Active participants108
Employer contributions—
Employee contributions$84,695
Employer contribution per active participant—
Average account balance$16,913
Benefits paid to participants$32,875
Plan auditUnmodified (clean) audit opinion
AuditorWEWORSKI & ASSOCIATES
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$300 · 0.05%
Same employer
Similar plansEducational Services · California
Kids Kare Schools, Inc. CA$731K · 1.88%
Isana CA$723K · 0.53%
Trinity Classical Academy CA$673K · 0.52%
Heytutor CA$610K · 2.89%
Edtheory CA$517K · 1.19%
Art Trek Inc. CA$501K · 1.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330587290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.