Plan Ledger DOL Form 5500 · updated monthly

Seveer Executive Staffing LLC401(k)

SEVEER EXECUTIVE STAFFING LLC 401K PLAN · FARMERS BRANCH, TX · plan year 2022

Reported admin expense ratio · 2022
1.16%

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

Seveer Executive Staffing LLC reported $4,189 in plan administrative expenses for 2022: 1.16% of average plan assets, above the peer median. Employer contributions averaged $317 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (5,568th of 5,688), and 11,605th of 11,911 in health care & social assistance. In 2022, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$269,139
Participants with balances16
Active participants68
Employer contributions$21,580
Employee contributions$28,749
Employer contribution per active participant$317
Average account balance$16,821
Benefits paid to participants$150,875
Plan auditUnmodified (clean) audit opinion
AuditorAFAIRCHILD LLC
The Seveer Executive Staffing LLC 401(k) match · 2022
Employer contribution per active participant$317
Median for plans this size$331

Seveer Executive Staffing LLC's 2022 employer contribution ran below the $331 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$4,189 · 1.16%
Similar plansHealth Care & Social Assistance · Texas
Mont Belvieu Rhc, LLC TX$334K · 5.38%
Tpn Management LLC TX$279K · 1.28%
Atlas Operations Inc TX$237K · 3.20%
Tlc Kids Center Inc TX$226K · 2.46%
Genova Health, LLC TX$226K · 2.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320454502 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.