Plan Ledger DOL Form 5500 · updated monthly

Satyam Venture Engineering401(k)

SATYAM VENTURE ENGINEERING 401K PLAN & TRUST · BINGHAM FARMS, MI · plan year 2022

Reported admin expense ratio · 2022
0.31%

Satyam Venture Engineering reported $13,060 in plan administrative expenses for 2022: 0.31% 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 professional & technical services employers. By assets it is among the smaller plans on file in Michigan (2,147th of 2,619), and 10,222nd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$3,867,926
Participants with balances99
Active participants93
Employer contributions—
Employee contributions$352,257
Employer contribution per active participant—
Average account balance$39,070
Benefits paid to participants$254,132
Plan auditUnmodified (clean) audit opinion
AuditorLOTITO & LAZZARA, PC
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$13,060 · 0.31%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 383534628 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.