Plan Ledger DOL Form 5500 · updated monthly

Prado Enterprises, Inc.401(k)

PRADO ENTERPRISES, INC. 401(K) PLAN · LUTZ, FL · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

Prado Enterprises, Inc. reported $8,970 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. Employer contributions averaged $323 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 accommodation & food services employers. By assets it is among the smaller plans on file in Florida (2,817th of 3,644), and 1,133rd of 2,240 in accommodation & food services. In 2022, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,371,070
Participants with balances77
Active participants528
Employer contributions$170,301
Employee contributions$384,970
Employer contribution per active participant$323
Average account balance$43,780
Benefits paid to participants$189,115
Plan auditUnmodified (clean) audit opinion
AuditorFRSCPA, PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,970
Total administrative$8,970
The Prado Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$323
Median for plans this size$1,114

Prado Enterprises, 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$8,970 · 0.26%
Similar plansAccommodation & Food Services · Florida
Bern's Steak House FL$3.3M · 0.92%
Hdg Hotels LLC FL$3.1M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593137898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.