Plan Ledger DOL Form 5500 · updated monthly

Squadlocker, Inc.401(k)

SQUADLOCKER, INC. 401(K) PLAN · WARWICK, RI · plan year 2022

Reported admin expense ratio · 2022
0.16%

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

Squadlocker, Inc. reported $3,643 in plan administrative expenses for 2022: 0.16% of average plan assets, below the peer median. Employer contributions averaged $990 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 manufacturing employers. By assets it is among the smaller plans on file in Rhode Island (263rd of 286), and 12,613th of 13,661 in manufacturing. In 2022, employees put in $2.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,411,080
Participants with balances84
Active participants137
Employer contributions$135,666
Employee contributions$388,071
Employer contribution per active participant$990
Average account balance$28,703
Benefits paid to participants$136,423
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN AND COMPANY, LLC
The Squadlocker, Inc. 401(k) match · 2022
Employer contribution per active participant$990
Median for plans this size$1,114

Squadlocker, Inc.'s 2022 employer contribution ran below 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$3,643 · 0.16%
Same employer
Similar plansManufacturing · Rhode Island
Ira Green Inc RI$3.9M · 0.65%
Sherle Wagner RI$2.7M · 0.35%
Waterrower, Inc. RI$1.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474106735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.