Plan Ledger DOL Form 5500 · updated monthly

Sears Authorized Hometown Stores, LLC401(k)

SEARS AUTHORIZED HOMETOWN STORES, LLC 401(K) PLAN · WILMINGTON, DE · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Sears Authorized Hometown Stores, LLC reported $77,650 in plan administrative expenses for 2022: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $10,960 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.

Across the 1 year on file its reported administrative ratio rose from 0.47% to 2.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Delaware (124th of 242), and the 1,998th of 5,215 in retail trade. In 2022, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,152,939
Participants with balances181
Active participants16
Employer contributions$175,357
Employee contributions$428,403
Employer contribution per active participant$10,960
Average account balance$78,193
Benefits paid to participants$2,183,216
Plan auditDisclaimer of opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5K · 16 accts · $10K emplr
2022$14.2M · 181 accts · $175K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$45,968
Investment management$31,682
Total administrative$77,650
The Sears Authorized Hometown Stores, LLC 401(k) match · 2022
Employer contribution per active participant$10,960
Median for plans this size$2,266

Sears Authorized Hometown Stores, LLC's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top quarter of its peers. 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 history2
2023$174,049 · 2.46%
2022$77,650 · 0.47%
Similar plansRetail Trade · Delaware
Lululemon Athletica Inc. DE$218.4M · 0.31%
William H. Porter, Inc. DE$15.4M · 0.43%
Delaware Motor Sales, Inc DE$12.1M · 0.68%
The Price Organization DE$11.7M · 0.62%
Hynansky Investments, LLC DE$10.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262779641 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.