Plan Ledger DOL Form 5500 · updated monthly

Svam International, Inc.401(k)

SVAM INTERNATIONAL 401(K) PLAN · GREAT NECK, NY · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Svam International, Inc. reported $29,042 in plan administrative expenses for 2022: 0.47% of average plan assets, below the peer median. Employer contributions averaged $516 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 professional & technical services employers. By assets it is among the smaller plans on file in New York (4,316th of 5,648), and 9,464th of 11,654 in professional & technical services. In 2022, employees put in $11.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,832,210
Participants with balances70
Active participants129
Employer contributions$66,605
Employee contributions$761,591
Employer contribution per active participant$516
Average account balance$83,317
Benefits paid to participants$130,859
Plan auditUnmodified (clean) audit opinion
The Svam International, Inc. 401(k) match · 2022
Employer contribution per active participant$516
Median for plans this size$1,114

Svam International, 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 history1
2022$29,042 · 0.47%
Similar plansProfessional & Technical Services · New York
Check Technologies, Inc NY$5.9M · 0.11%
Communication Services NY$5.9M · 0.02%
Scahill Law Group P.C. NY$5.8M · 1.03%
Amtex Systems , Inc. NY$5.8M · 0.06%
Density, Inc. NY$5.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113190965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.