Plan Ledger DOL Form 5500 · updated monthly

Sebago Brewing Company401(k)

SEBAGO BREWING COMPANY 401(K) PS PLAN · GORHAM, ME · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Sebago Brewing Company reported $23,086 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,637 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 accommodation & food services employers. By assets it is among the smaller plans on file in Maine (299th of 354), and the 1,050th of 2,240 in accommodation & food services. In 2022, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,852,586
Participants with balances99
Active participants89
Employer contributions$145,678
Employee contributions$232,009
Employer contribution per active participant$1,637
Average account balance$38,915
Benefits paid to participants$71,511
Plan auditUnmodified (clean) audit opinion
The Sebago Brewing Company 401(k) match · 2022
Employer contribution per active participant$1,637
Median for plans this size$1,114

Sebago Brewing Company'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$23,086 · 0.56%
Similar plansAccommodation & Food Services · Maine
White House Motel ME$15.7M · 0.25%
The Witham Family, LLC ME$5.0M · 1.22%
Migis Hotel Group ME$4.5M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010515966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.