Plan Ledger DOL Form 5500 · updated monthly

Advance Beverage Co., Inc.401(k)

ADVANCE BEVERAGE CO., INC. 401(K) PROFIT SHARING PLAN · BAKERSFIELD, CA · plan year 2023

Reported admin expense ratio · 2023
0.45%

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

Advance Beverage Co., Inc. reported $107,288 in plan administrative expenses for 2023: 0.45% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,114 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.

Across the 2 years on file its reported administrative ratio fell from 0.63% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 3,077th-largest of 9,483 plans among California employers on file, and the 1,566th of 4,246 in wholesale trade. In 2023, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$25,253,858
Participants with balances200
Active participants143
Employer contributions$302,363
Employee contributions$283,277
Employer contribution per active participant$2,114
Average account balance$126,269
Benefits paid to participants$2,780,201
Plan auditUnmodified (clean) audit opinion
AuditorBARBICH HOOPER KING DILL HOFFMAN
Plan history3
Yearassets · accounts · employer contribution
2024$25.3M · 166 accts · $248K emplr
2023$25.3M · 200 accts · $302K emplr
2022$22.9M · 192 accts · $292K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$35,628
Investment management$71,660
Total administrative$107,288
The Advance Beverage Co., Inc. 401(k) match · 2023
Employer contribution per active participant$2,114
Median for plans this size$2,440
2024$1,826 per active participant
2023$2,114 per active participant
2022$1,974 per active participant

Advance Beverage Co., Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$54,360
ADVANCE BEVERAGE COMPANY, INC.$17,300

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$112,260 · 0.44%
2023$107,288 · 0.45%
2022$138,376 · 0.63%
Same employer
Similar plansWholesale Trade · California
Garton Tractor, Inc. CA$25.7M · 0.53%
Ewing-Foley, Inc. CA$25.4M · 0.21%
Roland Dga Corporation CA$25.1M · 0.18%
Simplehuman LLC CA$25.0M · 0.12%
Ssf Imported Auto Parts LLC CA$24.9M · 0.37%
Alcal Industries, Inc. CA$24.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952701458 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.