Plan Ledger DOL Form 5500 · updated monthly

6 Founders, LLC401(k)

6 FOUNDERS, LLC 401(K) PROFIT SHARING PLAN · LONG BEACH, CA · plan year 2022

Reported admin expense ratio · 2022
0.79%

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

6 Founders, LLC reported $32,803 in plan administrative expenses for 2022: 0.79% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,333 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (7,786th of 9,483), and 1,713th of 2,096 in real estate & leasing. In 2022, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,114,085
Participants with balances53
Active participants47
Employer contributions$156,671
Employee contributions$339,182
Employer contribution per active participant$3,333
Average account balance$58,756
Benefits paid to participants$1,790,941
Plan auditUnmodified (clean) audit opinion
AuditorKMJ CORBIN & COMPANY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$31,733
Professional / advisory$1,070
Total administrative$32,803
The 6 Founders, LLC 401(k) match · 2022
Employer contribution per active participant$3,333
Median for plans this size$1,114

6 Founders, LLC's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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$32,803 · 0.79%
Similar plansReal Estate & Leasing · California
Geweke Real Estate CA$3.5M · 0.43%
Spieker Companies, Inc. CA$3.3M · 0.05%
Sundae, Inc. CA$3.1M · 0.49%
Avanath Communities, Inc. CA$3.1M · 0.53%
Augusta Financial, Inc. CA$3.0M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822191451 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.