Plan Ledger DOL Form 5500 · updated monthly

Wahid, Inc.401(k)

WAHID, INC T/A PORTABLES 401(K) PROFIT SHARING PLAN · LORTON, VA · plan year 2022

Reported admin expense ratio · 2022
0.88%

Wahid, Inc. reported $12,805 in plan administrative expenses for 2022: 0.88% of average plan assets, higher 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 information & media employers. By assets it is among the smaller plans on file in Virginia (2,145th of 2,266), and 2,135th of 2,199 in information & media.

Plan summary
Net assets, end of year$1,290,798
Participants with balances37
Active participants261
Employer contributions—
Employee contributions$130,271
Employer contribution per active participant—
Average account balance$34,886
Benefits paid to participants$99,858
Plan auditUnmodified (clean) audit opinion
AuditorKOSITZKA, WICKS AND COMPANY
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,805
Total administrative$12,805
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$12,805 · 0.88%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 541592851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.