What are the fees in the Waverly Markets, LLC Profit-sharing plan plan?

For plan year 2022, Waverly Markets, LLC reported $20,706 in plan administrative expenses, or 0.88% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Waverly Markets, LLC 401(k)?

The average participant account balance was $28,204 for plan year 2022, based on 79 accounts.

Waverly Markets, LLCProfit-sharing plan

Name: Waverly Markets, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

WAVERLY MARKETS, LLC 401(K) PLAN AND TRUST · MANCHESTER, CT · plan year 2022

Reported admin expense ratio · 2022

0.88%

Waverly Markets, LLC reported $20,706 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 retail trade employers. By assets it is among the smaller plans on file in Connecticut (1,030th of 1,106), and 4,602nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$2,228,136
Participants with balances79
Active participants305
Employer contributions—
Employee contributions$230,919
Employer contribution per active participant—
Average account balance$28,204
Benefits paid to participants$57,125
Plan auditUnmodified (clean) audit opinion
AuditorCARON & BLETZER, PLLC

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$20,348

Investment management$358

Total administrative$20,706

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$20,706 · 0.88%

Same employer

Waverly Markets, LLC's health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 061531696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.