Plan Ledger DOL Form 5500 · updated monthly

Special Applications Group, LLC401(k)

SPECIAL APPLICATIONS GROUP, LLC 401(K) PLAN · TAMPA, FL · plan year 2022

Reported admin expense ratio · 2022
0.78%

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

Special Applications Group, LLC reported $54,272 in plan administrative expenses for 2022: 0.78% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,795 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 (2,249th of 3,644), and 9,243rd of 11,654 in professional & technical services. In 2022, employees put in $2.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,415,857
Participants with balances126
Active participants134
Employer contributions$240,572
Employee contributions$715,134
Employer contribution per active participant$1,795
Average account balance$50,920
Benefits paid to participants$698,885
Plan auditUnmodified (clean) audit opinion
AuditorANGLIN, REICHMANN, ARMSTRONG, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$53,447
Professional / advisory$825
Total administrative$54,272
The Special Applications Group, LLC 401(k) match · 2022
Employer contribution per active participant$1,795
Median for plans this size$1,114

Special Applications Group, LLC's 2022 employer contribution ran above 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$54,272 · 0.78%
Similar plansProfessional & Technical Services · Florida
Esquire Law LLC FL$6.5M · 0.63%
Geopoint Surveying Inc FL$6.5M · 0.90%
Lydecker Diaz, LLP FL$6.3M · 0.80%
Ec Fennell, P.A. FL$6.3M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421644152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.