Plan Ledger DOL Form 5500 · updated monthly

Sea-Dar Enterprises, Inc.401(k)

SEA-DAR ENTERPRISES, INC. 401(K) PLAN · BOSTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.77%

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

Sea-Dar Enterprises, Inc. reported $51,226 in plan administrative expenses for 2022: 0.77% of average plan assets, above the peer median. Employer contributions averaged $1,881 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 construction employers. By assets it is among the smaller plans on file in Massachusetts (2,194th of 2,726), and 3,668th of 5,337 in construction. In 2022, employees put in $3.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,494,293
Participants with balances98
Active participants142
Employer contributions$267,032
Employee contributions$803,695
Employer contribution per active participant$1,881
Average account balance$66,268
Benefits paid to participants$260,506
Plan auditUnmodified (clean) audit opinion
AuditorEJ CALLAHAN & ASSOCIATES, LLC
The Sea-Dar Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$1,881
Median for plans this size$1,114

Sea-Dar Enterprises, Inc.'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$51,226 · 0.77%
Same employer
Similar plansConstruction · Massachusetts
Premier Fence, LLC MA$6.5M · 0.58%
Homeworks Energy Inc MA$6.4M · 0.07%
R.A.D. Corporation MA$5.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043129837 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.