Plan Ledger DOL Form 5500 · updated monthly

Splash Management Group, LLC401(k)

SPLASH MANAGEMENT GROUP, LLC 401(K) PLAN · MILFORD, CT · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Splash Management Group, LLC reported $1,320 in plan administrative expenses for 2022: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $199 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Connecticut (1,059th of 1,106), and 3,035th of 3,341 in other services. In 2022, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,173,833
Participants with balances72
Active participants892
Employer contributions$177,076
Employee contributions$364,959
Employer contribution per active participant$199
Average account balance$16,303
Benefits paid to participants$1,192
Plan auditUnmodified (clean) audit opinion
AuditorCAPOSSELA, COHEN
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,320
Total administrative$1,320
The Splash Management Group, LLC 401(k) match · 2022
Employer contribution per active participant$199
Median for plans this size$331

Splash Management Group, LLC's 2022 employer contribution ran below the $331 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$1,320 · 0.15%
Similar plansOther Services · Connecticut
Amg Enterprises LLC CT$1.2M · 1.89%
Ewc Growth Partners LLC CT$423K · 1.46%
Another Chapter LLC CT$16K · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 061588209 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.