Plan Ledger DOL Form 5500 · updated monthly

Sergenian's Floor Coverings, Inc.401(k)

SERGENIAN'S FLOOR COVERINGS, INC. 401(K) SALARY REDUCTION PLAN AND TRUST · MADISON, WI · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

Sergenian's Floor Coverings, Inc. reported $35,278 in plan administrative expenses for 2022: 0.44% of average plan assets, below the peer median. Employer contributions averaged $1,333 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 retail trade employers. By assets it is among the smaller plans on file in Wisconsin (1,458th of 1,936), and 3,175th of 5,215 in retail trade. In 2022, employees put in $3.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,453,928
Participants with balances76
Active participants75
Employer contributions$100,000
Employee contributions$338,787
Employer contribution per active participant$1,333
Average account balance$98,078
Benefits paid to participants$149,527
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$35,278
Total administrative$35,278
The Sergenian's Floor Coverings, Inc. 401(k) match · 2022
Employer contribution per active participant$1,333
Median for plans this size$1,114

Sergenian's Floor Coverings, Inc.'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$35,278 · 0.44%
Similar plansRetail Trade · Wisconsin
Toys for Trucks, Inc. WI$7.8M · 0.92%
Unbolt, Inc. WI$7.8M · 0.48%
Milaeger's Inc. WI$7.6M · 0.01%
Sendiks Fine Foods, Inc. WI$7.2M · 0.62%
J.W. Jung Seed Company WI$6.9M · 0.52%
Tw Vending Inc. WI$6.9M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391018009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.