Plan Ledger DOL Form 5500 · updated monthly

Security USA, Inc.401(k)

SECURITY USA, INC. 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
2.11%

Security USA, Inc. reported $2,835 in plan administrative expenses for 2022: 2.11% of average plan assets, higher 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 administrative & support services employers. By assets it is among the smaller plans on file in New York (5,550th of 5,648), and 2,441st of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$196,291
Participants with balances19
Active participants579
Employer contributions—
Employee contributions$140,830
Employer contribution per active participant—
Average account balance$10,331
Benefits paid to participants$1,309
Plan auditUnmodified (clean) audit opinion
AuditorCOOPER SAVAS, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,835
Total administrative$2,835
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$2,835 · 2.11%
Similar plansAdministrative & Support Services · New York
Tact Medical Temps Inc NY$295K · 0.54%
Compusec Inc. NY$205K · 0.68%
Cmj Management Inc NY$74K · 0.49%
7SECURE LLC. NY$72K · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 300000360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.