What are the fees in the Scotto LLC 401(k) plan?

For plan year 2022, Scotto LLC reported $290 in plan administrative expenses, or 0.05% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Scotto LLC 401(k)?

The average participant account balance was $16,753 for plan year 2022, based on 32 accounts.

Scotto LLC401(k)

Name: Scotto LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

SCOTTO STEAKHOUSES 401K PLAN · WOODBURY, NY · plan year 2022

Reported admin expense ratio · 2022

0.05%

Scotto LLC reported $290 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (5,444th of 5,648), and 1,889th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$536,103
Participants with balances32
Active participants543
Employer contributions—
Employee contributions$148,577
Employer contribution per active participant—
Average account balance$16,753
Benefits paid to participants$66,359
Plan auditUnmodified (clean) audit opinion
AuditorJOSEPH M. SALVATOR CPA P.C.

What these fees cost you

Your balance

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$290 · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113264084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.