Plan Ledger DOL Form 5500 · updated monthly

Waldner's Business Environments, Inc.401(k)

WALDNER'S BUSINESS ENVIRONMENTS PROFIT SHARING & 401(K) PLAN · FARMINGDALE, NY · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Waldner's Business Environments, Inc. reported $28,155 in plan administrative expenses for 2022: 0.23% of average plan assets, below the peer median. Employer contributions averaged $0 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 retail trade employers. By assets it is among the smaller plans on file in New York (3,412th of 5,648), and the 2,362nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$11,452,226
Participants with balances91
Active participants89
Employer contributions$0
Employee contributions$598,702
Employer contribution per active participant$0
Average account balance$125,849
Benefits paid to participants$66,719
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$28,155
Total administrative$28,155
The Waldner's Business Environments, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266

Waldner's Business Environments, Inc.'s 2022 employer contribution ran below the $2,266 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

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$28,155 · 0.23%
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C. Basil Ford, Inc. NY$11.0M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111554704 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.