Plan Ledger DOL Form 5500 · updated monthly

Akash Management LLC401(k)

AKASH MANAGEMENT LLC 401(K) PROFIT SHARING PLAN & TRUST · POMONA, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Akash Management LLC reported $4,472 in plan administrative expenses for 2024: 0.25% 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.

Across the 2 years on file its reported administrative ratio fell from 0.40% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (8,346th of 9,483), and 1,468th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$1,906,147
Participants with balances320
Active participants7,246
Employer contributions$0
Employee contributions$323,402
Employer contribution per active participant$0
Average account balance$5,957
Benefits paid to participants$297,506
Plan auditUnmodified (clean) audit opinion
AuditorMICHAEL J CONKEY AND ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 320 accts
2023$1.7M · 304 accts
2022$1.5M · 346 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,612
Trustee / custodial$860
Total administrative$4,472
The Akash Management LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Akash Management LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$4,472 · 0.25%
2023$9,853 · 0.61%
2022$5,928 · 0.40%
Same employer
Similar plansAccommodation & Food Services · California
Mjsc Holdings, LLC CA$2.1M · 1.10%
Garten Wellbeing, Pbc CA$2.1M · 1.34%
Excel Hotel Group, Inc. CA$1.9M · 0.16%
Martin Resorts, Inc. CA$1.9M · 0.08%
C&R Restaurant Group, LP CA$1.8M · 0.35%
Excalibur Pizza, LLC CA$1.8M · 0.80%
Awesome Office, Inc. CA$1.7M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472308951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.