Plan Ledger DOL Form 5500 · updated monthly

Sheltered Work Activity Programs, Inc dba Incor401(k)

SHELTERED WORK ACTIVITY PROGRAMS, INC. 401(K) PROFIT SHARING PLAN · MUSKOGEE, OK · plan year 2022

Reported admin expense ratio · 2022
2.80%

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

Sheltered Work Activity Programs, Inc dba Incor reported $7,567 in plan administrative expenses for 2022: 2.80% of average plan assets, higher than ~75% of peers. Employer contributions averaged $182 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 Oklahoma (710th of 724), and 11,615th of 11,911 in health care & social assistance. In 2022, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$256,716
Participants with balances98
Active participants139
Employer contributions$25,262
Employee contributions$52,930
Employer contribution per active participant$182
Average account balance$2,620
Benefits paid to participants$45,142
Plan auditUnmodified (clean) audit opinion
AuditorPOOLER CPA GROUP LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,567
Total administrative$7,567
The Sheltered Work Activity Programs, Inc dba Incor 401(k) match · 2022
Employer contribution per active participant$182
Median for plans this size$331

Sheltered Work Activity Programs, Inc dba Incor'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$7,567 · 2.80%
Same employer
Similar plansHealth Care & Social Assistance · Oklahoma
Think Ability, Inc. OK$132K · 4.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731148788 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.