Plan Ledger DOL Form 5500 · updated monthly

Tar Enterprises401(k)

TAR ENTERPRISES 401(K) PLAN · JAMESTOWN, NY · plan year 2022

Reported admin expense ratio · 2022
0.38%

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

Tar Enterprises reported $11,031 in plan administrative expenses for 2022: 0.38% of average plan assets, below the peer median. Employer contributions averaged $408 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 accommodation & food services employers. By assets it is among the smaller plans on file in New York (5,017th of 5,648), and 1,301st of 2,240 in accommodation & food services. In 2022, employees put in $3.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,530,123
Participants with balances16
Active participants98
Employer contributions$40,027
Employee contributions$133,518
Employer contribution per active participant$408
Average account balance$158,133
Benefits paid to participants$76,327
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,324
Investment management$6,707
Total administrative$11,031
The Tar Enterprises 401(k) match · 2022
Employer contribution per active participant$408
Median for plans this size$1,114

Tar Enterprises'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$11,031 · 0.38%
Similar plansAccommodation & Food Services · New York
Noho Hospitality, LLC NY$2.8M · 1.26%
Visions Hotels, LLC NY$2.5M · 0.29%
Samar Hospitality, LTD. NY$2.3M · 0.78%
Furnishare Inc dba Kaiyo NY$2.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161606925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.