Plan Ledger DOL Form 5500 · updated monthly

Sonobi Inc.401(k)

SONOBI INC. 401K PLAN · WINTER PARK, FL · plan year 2022

Reported admin expense ratio · 2022
0.72%

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

Sonobi Inc. reported $27,716 in plan administrative expenses for 2022: 0.72% of average plan assets, above the peer median. Employer contributions averaged $2,172 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 professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,805th of 3,644), and 10,368th of 11,654 in professional & technical services. In 2022, employees put in $2.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,459,405
Participants with balances98
Active participants76
Employer contributions$165,079
Employee contributions$487,295
Employer contribution per active participant$2,172
Average account balance$35,300
Benefits paid to participants$843,316
Plan auditUnmodified (clean) audit opinion
AuditorGRENNAN FENDER, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,379
Investment management$11,737
Total administrative$27,716
The Sonobi Inc. 401(k) match · 2022
Employer contribution per active participant$2,172
Median for plans this size$1,114

Sonobi Inc.'s 2022 employer contribution ran above the $1,114 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$27,716 · 0.72%
Similar plansProfessional & Technical Services · Florida
Ltc Pharma Hldg LLC FL$3.7M · 0.58%
Hemmersbach US, LLC FL$3.4M · 0.80%
Target Surveying, LLC FL$3.4M · 1.03%
Healthcare Inc FL$3.3M · 0.27%
REV1 Power Services, Inc. FL$3.3M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474006202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.