What are the fees in the Special Touch Cdpap, Inc Profit-sharing plan plan?

For plan year 2022, Special Touch Cdpap, Inc reported $85,400 in plan administrative expenses, or 2.18% of average plan assets — higher than ~90% of peers. Fund-level expense ratios are not included in public filings.

How much does Special Touch Cdpap, Inc contribute to its Profit-sharing plan?

In 2022, employer contributions to the Special Touch Cdpap, Inc plan averaged $1,277 per active participant, above the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Special Touch Cdpap, Inc 401(k)?

The average participant account balance was $2,983 for plan year 2022, based on 1,468 accounts.

Special Touch Cdpap, IncProfit-sharing plan

Name: Special Touch Cdpap, Inc 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

SPECIAL TOUCH CDPAP, INC RETIREMENT PLAN · BROOKLYN, NY · plan year 2022

Reported admin expense ratio · 2022

2.18%

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

Special Touch Cdpap, Inc reported $85,400 in plan administrative expenses for 2022: 2.18% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,277 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 health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,606th of 5,648), and 8,282nd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$4,378,714
Participants with balances1,468
Active participants1,590
Employer contributions$2,030,593
Employee contributions—
Employer contribution per active participant$1,277
Average account balance$2,983
Benefits paid to participants$367,691
Plan auditUnmodified (clean) audit opinion
AuditorCOULTER & JUSTUS

Plan history2

Yearassets · accounts · employer contribution

2023$0 · $3.1M emplr

2022$4.4M · 1,468 accts · $2.0M emplr

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$85,400

Total administrative$85,400

Employer contributions to the Special Touch Cdpap, Inc plan · 2022

Employer contribution per active participant$1,277

Median for plans this size$1,114

Special Touch Cdpap, Inc'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

Your balance

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 history2

2023Not separately reported

2022$85,400 · 2.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822814879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.