Plan Ledger DOL Form 5500 · updated monthly

Transitions Incorporated401(k)

TRANSITIONS, INC 401(K) PLAN · COVINGTON, KY · plan year 2022

Reported admin expense ratio · 2022
1.29%

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

Transitions Incorporated reported $13,110 in plan administrative expenses for 2022: 1.29% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,521 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Kentucky (824th of 871), and 3,079th of 3,341 in other services. In 2022, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$963,157
Participants with balances77
Active participants57
Employer contributions$86,697
Employee contributions$102,756
Employer contribution per active participant$1,521
Average account balance$12,509
Benefits paid to participants$58,144
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG & CO., LTD
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,355
Investment management$755
Total administrative$13,110
The Transitions Incorporated 401(k) match · 2022
Employer contribution per active participant$1,521
Median for plans this size$1,114

Transitions Incorporated's 2022 employer contribution ran above the $1,114 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$13,110 · 1.29%
Similar plansOther Services · Kentucky
Teca, Inc. KY$1.8M
Sanden, Inc. KY$1.7M · 0.01%
Parc Auto LLC KY$1.5M · 0.04%
Kech Inc KY$692K · 2.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610707125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.