Plan Ledger DOL Form 5500 · updated monthly

Special Programs, Inc.401(k)

SPECIAL PROGRAMS, INC. 401(K) PROFIT SHARING PLAN · OSWEGO, NY · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

Special Programs, Inc. reported $13,585 in plan administrative expenses for 2022: 0.33% of average plan assets, below the peer median. Employer contributions averaged $0 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.

Across the 1 year on file its reported administrative ratio rose from 0.33% to 0.45%. 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 (4,725th of 5,648), and 1,613th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$3,761,886
Participants with balances157
Active participants286
Employer contributions$0
Employee contributions$211,000
Employer contribution per active participant$0
Average account balance$23,961
Benefits paid to participants$112,787
Plan auditUnmodified (clean) audit opinion
AuditorFIRLEY MORAN FREER & EASSA CPA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$3.6M · 143 accts
2022$3.8M · 157 accts
Administrative expenses, itemized · 2022
Professional / advisory$13,585
Total administrative$13,585
The Special Programs, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Special Programs, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 history3
2024Not separately reported
2023$16,293 · 0.45%
2022$13,585 · 0.33%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 161532213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.