Plan Ledger DOL Form 5500 · updated monthly

The Switch Enterprises, LLC401(k)

THE SWITCH ENTERPRISES LLC 401K PLAN · OSTERVILLE, MA · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

The Switch Enterprises, LLC reported $5,663 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,776 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Massachusetts (1,835th of 2,726), and 1,457th of 2,199 in information & media. In 2022, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,773,619
Participants with balances108
Active participants103
Employer contributions$388,974
Employee contributions$854,971
Employer contribution per active participant$3,776
Average account balance$99,756
Benefits paid to participants$549,541
Plan auditUnmodified (clean) audit opinion
AuditorLITMANGERSON ASSOCIATES, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $395K emplr
2022$10.8M · 108 accts · $389K emplr
The The Switch Enterprises, LLC 401(k) match · 2022
Employer contribution per active participant$3,776
Median for plans this size$2,266

The Switch Enterprises, LLC's 2022 employer contribution ran above 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
2023Not separately reported
2022$5,663 · 0.05%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 043108436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.