Plan Ledger DOL Form 5500 · updated monthly

Romark Laboratories, L.C.401(k)

ROMARK LABORATORIES, L.C. RETIREMENT SAVINGS PLAN · TAMPA, FL · plan year 2022

Reported admin expense ratio · 2022
0.69%

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

Romark Laboratories, L.C. reported $46,641 in plan administrative expenses for 2022: 0.69% of average plan assets, above the peer median. Employer contributions averaged $647 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 (2,680th of 3,644), and 10,166th of 11,654 in professional & technical services. In 2022, employees put in $12.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,016,918
Participants with balances76
Active participants18
Employer contributions$11,645
Employee contributions$148,000
Employer contribution per active participant$647
Average account balance$52,854
Benefits paid to participants$4,488,597
Plan auditUnmodified (clean) audit opinion
AuditorFRSCPA, PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,290
Investment management$23,601
Professional / advisory$7,750
Total administrative$46,641
The Romark Laboratories, L.C. 401(k) match · 2022
Employer contribution per active participant$647
Median for plans this size$1,114

Romark Laboratories, L.C.'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$46,641 · 0.69%
Similar plansProfessional & Technical Services · Florida
21 Air LLC FL$4.2M · 0.15%
Foris, Inc. FL$4.2M · 0.17%
Ozone Networks, Inc. FL$4.1M · 0.01%
Ephonamation.com, Inc. FL$3.9M · 1.44%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 593276909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.