Simaren Corporation401(k)

Simaren Corporation's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,019,367 across 583 participant accounts, with employer contributions averaging $2,025 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 2.01% to 2.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (4,898th of 5,648), and 1,752nd of 2,534 in administrative & support services. In 2022, the employer put in $183.22 for every $1.00 employees contributed themselves.