Plan Ledger DOL Form 5500 · updated monthly

Safety Services Company401(k)

SAFETY SERVICES COMPANY 401(K) PS PLAN · TEMPE, AZ · plan year 2022

Reported admin expense ratio · 2022
0.89%

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

Safety Services Company reported $17,038 in plan administrative expenses for 2022: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,413 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 information & media employers. By assets it is among the smaller plans on file in Arizona (1,079th of 1,285), and 2,104th of 2,199 in information & media. In 2022, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,791,999
Participants with balances51
Active participants73
Employer contributions$103,116
Employee contributions$231,175
Employer contribution per active participant$1,413
Average account balance$35,137
Benefits paid to participants$204,175
Plan auditUnmodified (clean) audit opinion
AuditorSTOCKMAN KAST RYAN & CO LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,540
Investment management$5,498
Total administrative$17,038
The Safety Services Company 401(k) match · 2022
Employer contribution per active participant$1,413
Median for plans this size$1,114

Safety Services Company's 2022 employer contribution ran above 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$17,038 · 0.89%
Similar plansInformation & Media · Arizona
Opentech Alliance, Inc. AZ$4.9M · 1.06%
Kabbage, Inc. AZ$3.2M · 0.24%
Sitelock, LLC AZ$1.9M · 1.20%
Community.com CA$1.9M · 0.23%
Drs Holdings, LLC NJ$1.8M · 0.54%
Dynamic Concepts, Inc. DC$1.8M · 1.38%
Stephens Family Limited OK$1.8M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562401661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.