Plan Ledger DOL Form 5500 · updated monthly

Sky Dreams, LLC401(k)

SKY DREAMS, LLC 401(K) PLAN · LINCOLN, AL · plan year 2022

Reported admin expense ratio · 2022
1.87%

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

Sky Dreams, LLC reported $14,227 in plan administrative expenses for 2022: 1.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $28,997 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 real estate & leasing employers. By assets it is among the smaller plans on file in Alabama (885th of 902), and 2,037th of 2,096 in real estate & leasing. In 2022, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$476,182
Participants with balances23
Active participants4
Employer contributions$115,986
Employee contributions$196,341
Employer contribution per active participant$28,997
Average account balance$20,704
Benefits paid to participants$670,270
Plan auditUnmodified (clean) audit opinion
AuditorPEARCE, BEVILL, LEESBURG, MOORE, P.
Administrative expenses, itemized · 2022
Investment management$14,227
Total administrative$14,227
The Sky Dreams, LLC 401(k) match · 2022
Employer contribution per active participant$28,997
Median for plans this size$331

Sky Dreams, LLC's 2022 employer contribution ran above the $331 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$14,227 · 1.87%
Similar plansReal Estate & Leasing · Alabama
Bell Media, LLC AL$2.4M · 0.76%
Evernest Holdings, LLC AL$2.2M · 2.11%
Dalcor Management, Inc. AL$1.1M · 1.37%
Vandenberghe Properties CA$509K · 0.09%
I Builders LLC NJ$501K · 0.53%
Showpay LLC NY$480K · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842967454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.