Plan Ledger DOL Form 5500 · updated monthly

Thabet Management Inc401(k)

THABET MANAGEMENT INC 401(K) PROFIT SHARING PLAN & TRUST · EUGENE, OR · plan year 2022

Reported admin expense ratio · 2022
8.26%

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

Thabet Management Inc reported $14,186 in plan administrative expenses for 2022: 8.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 retail trade employers. By assets it is among the smaller plans on file in Oregon (1,004th of 1,021), and 5,155th of 5,215 in retail trade.

Plan summary
Net assets, end of year$154,568
Participants with balances76
Active participants77
Employer contributions$0
Employee contributions$78,565
Employer contribution per active participant$0
Average account balance$2,034
Benefits paid to participants$67,829
Plan auditUnmodified (clean) audit opinion
AuditorMIKE AVERSANO CPA, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,533
Investment management$653
Total administrative$14,186
The Thabet Management Inc 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Thabet Management Inc's 2022 employer contribution ran below the $331 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$14,186 · 8.26%
Similar plansRetail Trade · Oregon
Fast Break of Oregon, LLC OR$774K · 0.88%
Sunset Auto Parts, Inc. OR$705K · 0.75%
A-Boy Electric & Plumbing OR$331K · 1.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201063910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.