What are the fees in the Think Ability, Inc. 401(k) plan?

For plan year 2022, Think Ability, Inc. reported $4,551 in plan administrative expenses, or 4.17% of average plan assets — higher than ~90% of peers. Fund-level expense ratios are not included in public filings.

What is the Think Ability, Inc. 401(k) match?

In 2022, employer contributions to the Think Ability, Inc. plan averaged $123 per active participant, below the $331 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Think Ability, Inc. 401(k)?

The average participant account balance was $3,288 for plan year 2022, based on 40 accounts.

Think Ability, Inc.403(b)

Name: Think Ability, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

THINK ABILITY, INC. 403(B) RETIREMENT SAVINGS PLAN · DUNCAN, OK · plan year 2022

Reported admin expense ratio · 2022

4.17%

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

Think Ability, Inc. reported $4,551 in plan administrative expenses for 2022: 4.17% of average plan assets, higher than ~90% of peers. Employer contributions averaged $123 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 health care & social assistance employers. By assets it is among the smaller plans on file in Oklahoma (719th of 724), and 11,741st of 11,911 in health care & social assistance. In 2022, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$131,524
Participants with balances40
Active participants255
Employer contributions$31,372
Employee contributions$47,685
Employer contribution per active participant$123
Average account balance$3,288
Benefits paid to participants$12,616
Plan auditUnmodified (clean) audit opinion
AuditorWALTERS AND ASSOCIATES, CPAS

The Think Ability, Inc. 401(k) match · 2022

Employer contribution per active participant$123

Median for plans this size$331

Think Ability, 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

Your balance

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$4,551 · 4.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731151612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.