Plan Ledger DOL Form 5500 · updated monthly

REV1 Power Services, Inc.401(k)

REV1 POWER SERVICES, INC. 401(K) PROFIT SHARING PLAN · TAMPA, FL · plan year 2022

Reported admin expense ratio · 2022
0.71%

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

REV1 Power Services, Inc. reported $27,624 in plan administrative expenses for 2022: 0.71% of average plan assets, above the peer median. Employer contributions averaged $1,032 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 professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,831st of 3,644), and 10,440th of 11,654 in professional & technical services. In 2022, employees put in $3.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,265,842
Participants with balances94
Active participants121
Employer contributions$124,876
Employee contributions$415,088
Employer contribution per active participant$1,032
Average account balance$34,743
Benefits paid to participants$1,074,178
Administrative expenses, itemized · 2022
Professional / advisory$27,624
Total administrative$27,624
The REV1 Power Services, Inc. 401(k) match · 2022
Employer contribution per active participant$1,032
Median for plans this size$1,114

REV1 Power Services, Inc.'s 2022 employer contribution ran below 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$27,624 · 0.71%
Similar plansProfessional & Technical Services · Florida
Sonobi Inc. FL$3.5M · 0.72%
Hemmersbach US, LLC FL$3.4M · 0.80%
Target Surveying, LLC FL$3.4M · 1.03%
Healthcare Inc FL$3.3M · 0.27%
Springbig, Inc. FL$3.2M · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 593728232 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.