Plan-level sponsor-controllable cost metrics and cohort ranking.
No current-year rating row was imported for this plan page.
The ratings build could not find a 2024 Form 5500 rating row for this page's ACK ID. The visible planinfo record is from 2021-12-31. This often means the page is historical, renamed, terminated, or not present in the current filing dataset.
Reason code: NO_CURRENT_YEAR_RATING_ROW
· Planinfo filing period: 2021-12-31 · Assets: $19,738,009
How to read this rating
This scorecard helps plan sponsors, advisors, and committees compare a plan’s reported plan-level fees against peer plans using public Form 5500 filings.
It focuses on costs that are typically negotiable with providers, and it aims to avoid participant-specific charges (loan fees, QDRO fees, individual transaction fees).
Technical details.
- What is the cohort?
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The cohort is the peer group we compare against. It is large 401(k) plans (1,000+ active participants) for the same filing year that include the required schedule and report a positive plan-paid expense amount.
Plans that report $0 expenses are shown, but they are not ranked because $0 often means fees were paid by participants or netted from returns (not that the plan is free).
- Final Score (0-100)
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A simple relative score: higher is better (lower cost vs. peers). It is derived from where the plan lands in the cohort distribution of Total Cost (bps).
- Cohort Rank
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The plan’s position within the cohort sorted by Total Cost (bps), from lowest cost to highest cost.
Example: 100 / 2,500 means the plan is among the lowest-cost ~4% of the cohort by this measure.
- Confidence (0-1)
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A reliability indicator. 1.0 means the key fields needed for this scorecard are present and the filing looks usable for ranking.
Lower values mean missing inputs or a filing pattern (like $0 reported plan-paid expenses) that makes the comparison less reliable.
- Total Cost (bps)
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Plan-level annual expenses expressed as basis points of assets. Roughly: 10 bps = 0.10% = about $10 per $10,000 of plan assets per year.
- Investment Mgmt (bps) and Admin Overhead (bps)
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Two components of Total Cost. Investment Mgmt is the portion reported as investment management fees.
Admin Overhead is the remainder (recordkeeping/TPA/audit/other admin expenses as reported), grouped as a single bucket.
- Cost / Participant
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Total plan-level cost divided by active participants. This can make it easier to think about per-person administrative pricing.
Technical details
- Basis points (bps)
bps = (fee / average plan assets) × 10,000.- Average plan assets
- If both beginning-of-year and end-of-year assets are present: (BOY + EOY)/2. Otherwise, EOY assets.
- Total Cost (bps)
tot_admin_expenses_amt / avg assets × 10,000.- Investment Mgmt (bps)
invst_mgmt_fees_amt / avg assets × 10,000.- Admin Overhead (bps)
- (
tot_admin_expenses_amt – invst_mgmt_fees_amt) / avg assets × 10,000.
- Cost / Participant
tot_admin_expenses_amt / tot_active_partcp_cnt.- Cohort Rank and percentile
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Eligible plans are sorted by
total_plan_cost_bps ascending. Percentile is computed from index position (0 = best, 100 = worst).
- Final Score
final_score = max(0, 100 – cohort_percentile).- Confidence
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confidence = fraction of required fields present:
tot_admin_expenses_amt, invst_mgmt_fees_amt, tot_assets_eoy_amt, tot_active_partcp_cnt.
Filings that report TOT_ADMIN_EXPENSES_AMT as $0 are treated as not scorable and confidence is capped.
