Plan Ledger DOL Form 5500 · updated monthly

Sequal Youth and Family Services401(k)

SEQUEL YOUTH AND FAMILY SERVICES 401(K) PLAN · HUNTSVILLE, AL · plan year 2022

Reported admin expense ratio · 2022
1.96%

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

Sequal Youth and Family Services reported $186,122 in plan administrative expenses for 2022: 1.96% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 health care & social assistance employers. By assets it is among the smaller plans on file in Alabama (608th of 902), and 7,680th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$5,414,273
Participants with balances1,223
Active participants235
Employer contributions$0
Employee contributions$195,874
Employer contribution per active participant$0
Average account balance$4,427
Benefits paid to participants$6,463,153
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$5.4M · 1,223 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$186,122
Total administrative$186,122
The Sequal Youth and Family Services 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Sequal Youth and Family Services's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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
2023Not separately reported
2022$186,122 · 1.96%
Similar plansHealth Care & Social Assistance · Alabama
Health Services, Inc. AL$6.0M · 0.05%
Trinity Management, Inc. AL$5.9M · 1.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205122066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.