Plan Ledger DOL Form 5500 · updated monthly

Salvatore Properties, LLC401(k)

SALVATORE PROPERTIES, LLC PROFIT SHARING AND 401(K) PLAN · WILLIAMSVILLE, NY · plan year 2022

Reported admin expense ratio · 2022
1.43%

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

Salvatore Properties, LLC reported $15,872 in plan administrative expenses for 2022: 1.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,139 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 New York (5,321st of 5,648), and 1,704th of 2,240 in accommodation & food services. In 2022, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,085,037
Participants with balances78
Active participants83
Employer contributions$94,517
Employee contributions$135,528
Employer contribution per active participant$1,139
Average account balance$13,911
Benefits paid to participants$134,200
Plan auditUnmodified (clean) audit opinion
AuditorJEFFREY L. OFFHAUS CPA, LLC
Administrative expenses, itemized · 2022
Investment management$3,256
Total administrative$15,872
The Salvatore Properties, LLC 401(k) match · 2022
Employer contribution per active participant$1,139
Median for plans this size$1,114

Salvatore Properties, LLC'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$15,872 · 1.43%
Similar plansAccommodation & Food Services · New York
Chh, LLC NY$1.2M · 1.09%
Lixi Nanuet, Inc. NY$1.1M · 0.78%
George Super Topco LLC NY$935K · 1.03%
Blank Street, Inc. NY$922K · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263154235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.