Plan Ledger DOL Form 5500 · updated monthly

Team Summit Colorado401(k)

TEAM SUMMIT COLORADO 401(K) PLAN · COPPER MOUNTAIN, CO · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

Team Summit Colorado reported $1,739 in plan administrative expenses for 2022: 0.40% of average plan assets, below the peer median. Employer contributions averaged $316 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Colorado (1,402nd of 1,461), and 1,273rd of 1,311 in arts, entertainment & recreation. In 2022, employees put in $3.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$476,375
Participants with balances179
Active participants129
Employer contributions$40,760
Employee contributions$143,064
Employer contribution per active participant$316
Average account balance$2,661
Benefits paid to participants$21,320
Plan auditUnmodified (clean) audit opinion
AuditorSSA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1
Investment management$1,738
Total administrative$1,739
The Team Summit Colorado 401(k) match · 2022
Employer contribution per active participant$316
Median for plans this size$331

Team Summit Colorado's 2022 employer contribution ran below the $331 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$1,739 · 0.40%
Similar plansArts, Entertainment & Recreation · Colorado
Roaring Fork Club, LLC CO$3.5M · 0.91%
Club Holdings 1, LLC MS$480K · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742529909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.