Plan Ledger DOL Form 5500 · updated monthly

Summit Direct Mail, Inc.401(k)

SUMMIT DIRECT MAIL, INC. RETIREMENT 401K PLAN · FORT WORTH, TX · plan year 2022

Reported admin expense ratio · 2022
1.26%

Summit Direct Mail, Inc. reported $8,823 in plan administrative expenses for 2022: 1.26% of average plan assets, above the peer median. 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 professional & technical services employers. By assets it is among the smaller plans on file in Texas (5,380th of 5,688), and 11,362nd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$677,445
Participants with balances50
Active participants105
Employer contributions—
Employee contributions$83,008
Employer contribution per active participant—
Average account balance$13,549
Benefits paid to participants$13,524
Plan auditUnmodified (clean) audit opinion
AuditorBOLINGER SEGARS GILBERT & MOSS LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,761
Investment management$6,299
Total administrative$8,823
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$8,823 · 1.26%
Similar plansProfessional & Technical Services · Texas
Rumbleon, Inc. TX$725K · 0.89%
Sips Consults Corp TX$624K · 0.57%
Elan Technologies Inc. TX$614K · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 200398116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.