Plan Ledger DOL Form 5500 · updated monthly

The Abc Companies, Inc. 401(K) Savings Plan #002401(k)

THE ABC COMPANIES, INC. 401(K) SAVINGS PLAN · BUFFALO, NY · plan year 2022

Reported admin expense ratio · 2022
0.20%

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

The Abc Companies, Inc. 401(K) Savings Plan #002 reported $24,795 in plan administrative expenses for 2022: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,367 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.

Across the 1 year on file its reported administrative ratio rose from 0.20% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (3,410th of 5,648), and the 926th of 2,534 in administrative & support services. In 2022, employees put in $4.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,457,499
Participants with balances100
Active participants79
Employer contributions$108,018
Employee contributions$447,712
Employer contribution per active participant$1,367
Average account balance$114,575
Benefits paid to participants$403,786
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$94K · 7 accts · $60K emplr
2022$11.5M · 100 accts · $108K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$24,795
Total administrative$24,795
The The Abc Companies, Inc. 401(K) Savings Plan #002 401(k) match · 2022
Employer contribution per active participant$1,367
Median for plans this size$2,266

The Abc Companies, Inc. 401(K) Savings Plan #002's 2022 employer contribution ran below the $2,266 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 history2
2023$18,754 · 0.32%
2022$24,795 · 0.20%
Same employer
Similar plansAdministrative & Support Services · New York
Todaytix, Inc. NY$12.2M · 0.44%
Tempositions, Inc. NY$11.5M · 0.24%
Nomad Health, Inc. NY$10.9M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160330490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.