Plan Ledger DOL Form 5500 · updated monthly

San Antonio Retail Merchants Association401(k)

SAN ANTONIO RETAIL MERCHANTS ASSOCIATION 401(K) PROFIT SHARING RETIREMENT PLAN · SAN ANTONIO, TX · plan year 2022

Reported admin expense ratio · 2022
0.81%

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

San Antonio Retail Merchants Association reported $34,700 in plan administrative expenses for 2022: 0.81% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,550 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 finance & insurance employers. By assets it is among the smaller plans on file in Texas (4,198th of 5,688), and 4,480th of 4,798 in finance & insurance. In 2022, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,487,491
Participants with balances61
Active participants54
Employer contributions$137,691
Employee contributions$158,121
Employer contribution per active participant$2,550
Average account balance$73,565
Benefits paid to participants$125,991
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$17,744
Investment management$16,956
Total administrative$34,700
The San Antonio Retail Merchants Association 401(k) match · 2022
Employer contribution per active participant$2,550
Median for plans this size$1,114

San Antonio Retail Merchants Association's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top quarter of its peers. 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$34,700 · 0.81%
Similar plansFinance & Insurance · Texas
Open Mortgage, LLC TX$5.6M · 1.24%
Rental One TX$5.0M · 0.61%
First Basin Credit Union TX$5.0M · 0.04%
The Home Loan Expert LLC TX$4.3M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 740879730 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.