What are the fees in the Village Plaza Sparkle Market, Inc. 401(k) plan?

For plan year 2022, Village Plaza Sparkle Market, Inc. reported $230 in plan administrative expenses, or 0.01% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Village Plaza Sparkle Market, Inc. 401(k)?

The average participant account balance was $55,473 for plan year 2022, based on 26 accounts.

Village Plaza Sparkle Market, Inc.401(k)

Name: Village Plaza Sparkle Market, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

VILLAGE PLAZA SPARKLE MARKET, INC. 401K PROFIT SHARING PLAN · COLUMBIANA, OH · plan year 2022

Reported admin expense ratio · 2022

0.01%

Village Plaza Sparkle Market, Inc. reported $230 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. 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 retail trade employers. By assets it is among the smaller plans on file in Ohio (3,096th of 3,295), and 4,827th of 5,215 in retail trade.

Plan summary
Net assets, end of year$1,442,291
Participants with balances26
Active participants162
Employer contributions—
Employee contributions$31,236
Employer contribution per active participant—
Average account balance$55,473
Benefits paid to participants$67,739
Plan auditUnmodified (clean) audit opinion
AuditorCERIMELE, MEYER & WRAY, LLC

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$230

Total administrative$230

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$230 · 0.01%

Similar plansRetail Trade · Ohio
David a. Flynn, Inc. OH$2.1M · 0.02%
Lm Acquisition, Inc. OH$1.9M · 0.03%
Goodwill Industries of Wayne and Holmes Counties, Inc. OH$1.8M · 0.26%
Kempthorn Motors OH$1.6M · 0.95%
Matt Castrucci Inc OH$1.3M · 0.05%
Haasz Auto Mall, LLC OH$1.2M · 0.45%
Ohio Business Machines LLC OH$1.2M · 1.16%
National Carpet Mill Outlet dba National Design Mart OH$1.2M · 1.71%

Why are you looking at this plan?

Compare
401(k) plans in Ohio
Worked here before? Find your old 401(k)
401(k) plans in Retail Trade
Plans of similar size
Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 341228279 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.