Plan Ledger DOL Form 5500 · updated monthly

Saramax Apparel Group, Inc401(k)

SARAMAX APPAREL GROUP, INC 401(K) PLAN PROFIT SHARING PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.41%

Saramax Apparel Group, Inc reported $35,604 in plan administrative expenses for 2022: 0.41% of average plan assets, below the peer median. 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 wholesale trade employers. By assets it is among the smaller plans on file in New York (3,979th of 5,648), and 3,270th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$7,623,042
Participants with balances73
Active participants54
Employer contributions—
Employee contributions$188,423
Employer contribution per active participant—
Average account balance$104,425
Benefits paid to participants$275,375
Plan auditUnmodified (clean) audit opinion
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$35,604 · 0.41%
Similar plansWholesale Trade · New York
Lamb Farms Inc NY$7.7M · 0.54%
Safavieh NY$7.6M · 0.04%
Vera Wang Group LLC NY$7.5M · 0.02%
Carnegie Fabrics, LLC NY$7.5M · 0.53%
Dana-Co, LLC NY$7.3M · 0.67%
Sovereign Brands LLC NY$7.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133689746 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.