Plan Ledger DOL Form 5500 · updated monthly

Smith & Deshields, Inc.401(k)

SMITH & DESHIELDS, INC. 401(K) PROFIT SHARING PLAN · NAPLES, FL · plan year 2022

Reported admin expense ratio · 2022
0.57%

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

Smith & Deshields, Inc. reported $31,942 in plan administrative expenses for 2022: 0.57% of average plan assets, above the peer median. Employer contributions averaged $703 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Florida (2,425th of 3,644), and 3,666th of 5,215 in retail trade. In 2022, employees put in $8.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,342,772
Participants with balances71
Active participants89
Employer contributions$62,549
Employee contributions$506,417
Employer contribution per active participant$703
Average account balance$75,250
Benefits paid to participants$94,852
Plan auditDisclaimer of opinion
AuditorVERDEJA, DEARMAS & TRUJILLO, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,248
Investment management$15,694
Total administrative$31,942
The Smith & Deshields, Inc. 401(k) match · 2022
Employer contribution per active participant$703
Median for plans this size$1,114

Smith & Deshields, Inc.'s 2022 employer contribution ran below the $1,114 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$31,942 · 0.57%
Similar plansRetail Trade · Florida
Vineland Motor Sales LLC FL$5.6M · 0.04%
Peacock Automotive, LLC FL$5.5M · 1.02%
Boston Proper, LLC FL$5.3M · 0.40%
H Gregory 1 Inc. FL$5.1M · 2.00%
Cosmetic Solutions, LLC FL$5.1M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590798915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.