Plan Ledger DOL Form 5500 · updated monthly

Search Wizards, Inc.401(k)

SEARCH WIZARDS, INC. 401(K) PROFIT SHARING PLAN & TRUST · SARASOTA, FL · plan year 2022

Reported admin expense ratio · 2022
1.75%

Search Wizards, Inc. reported $30,038 in plan administrative expenses for 2022: 1.75% of average plan assets, higher than ~90% 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 $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 Florida (3,232nd of 3,644), and 11,051st of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$1,506,995
Participants with balances91
Active participants34
Employer contributions—
Employee contributions$541,978
Employer contribution per active participant—
Average account balance$16,560
Benefits paid to participants$581,014
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$30,038 · 1.75%
Same employer
Similar plansProfessional & Technical Services · Florida
Acorn Health FL$1.6M · 1.43%
Rizzetta & Company FL$1.5M · 0.34%
Maplesox Corp FL$1.5M · 0.35%
Cwc Transportation, LLC FL$1.5M · 0.96%
50 Eggs, Inc. FL$1.4M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582629485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.