Plan Ledger DOL Form 5500 · updated monthly

Synergy Inspections, LLC401(k)

SYNERGY INSPECTIONS LLC RETIREMENT PLAN · CANONSBURG, PA · plan year 2022

Reported admin expense ratio · 2022
0.62%

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

Synergy Inspections, LLC reported $16,967 in plan administrative expenses for 2022: 0.62% of average plan assets, above the peer median. Employer contributions averaged $825 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 Pennsylvania (3,266th of 3,651), and 10,731st of 11,654 in professional & technical services. In 2022, employees put in $4.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,441,042
Participants with balances143
Active participants60
Employer contributions$49,506
Employee contributions$233,223
Employer contribution per active participant$825
Average account balance$17,070
Benefits paid to participants$357,059
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$6,576
Professional / advisory$10,391
Total administrative$16,967
The Synergy Inspections, LLC 401(k) match · 2022
Employer contribution per active participant$825
Median for plans this size$1,114

Synergy Inspections, LLC'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$16,967 · 0.62%
Similar plansProfessional & Technical Services · Pennsylvania
Concorde, Inc. PA$2.7M · 0.98%
Reliant Holdings, Inc. PA$2.7M · 0.09%
Alpha Mills Corporation PA$2.1M · 1.21%
Hanes Erie, Inc. PA$1.9M · 0.95%
Moran Industries Inc PA$1.7M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474364446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.