Plan Ledger DOL Form 5500 · updated monthly

Sharpened Image, Inc.401(k)

SHARPENED IMAGE 401(K) PLAN · UNION, NJ · plan year 2023

Reported admin expense ratio · 2023
16.66%

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

Sharpened Image, Inc. reported $4,202 in plan administrative expenses for 2023: 16.66% 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 under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Jersey (2,401st of 2,419), and 2,522nd of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$16,562
Participants with balances65
Active participants82
Employer contributions$0
Employee contributions$21,187
Employer contribution per active participant$0
Average account balance$255
Benefits paid to participants$39,253
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,180
Investment management$22
Total administrative$4,202
The Sharpened Image, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$522

Sharpened Image, Inc.'s 2023 employer contribution ran below the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2023$4,202 · 16.66%
Similar plansAdministrative & Support Services · New Jersey
Aegis Protective Service NJ$73K · 6.18%
High Tech Landscapes Inc NJ$13K · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522444677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.