Plan Ledger DOL Form 5500 · updated monthly

Republica Havas, LLC401(k)

REPUBLICA HAVAS, LLC 401(K) PLAN · MIAMI, FL · plan year 2022

Employer contribution per participant · 2022
$500

Republica Havas, LLC's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $920,840 across 65 participant accounts, with employer contributions averaging $500 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (3,382nd of 3,644), and 11,272nd of 11,654 in professional & technical services. In 2022, employees put in $4.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$920,840
Participants with balances65
Active participants159
Employer contributions$79,547
Employee contributions$342,257
Employer contribution per active participant$500
Average account balance$14,167
Benefits paid to participants$40,278
Plan auditUnmodified (clean) audit opinion
AuditorPAAST, P.L.
The Republica Havas, LLC 401(k) match · 2022
Employer contribution per active participant$500
Median for plans this size$331

Republica Havas, LLC's 2022 employer contribution ran above the $331 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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 831435102 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.