Plan Ledger DOL Form 5500 · updated monthly

Anchor Loans, LP401(k)

ANCHOR LOANS, LP 401(K) PLAN · THOUSAND OAKS, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Anchor Loans, LP reported $14,844 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,362 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 rose from 0.08% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (6,056th of 9,483), and 4,184th of 4,798 in finance & insurance. In 2024, employees put in $5.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,877,432
Participants with balances224
Active participants199
Employer contributions$270,960
Employee contributions$1,371,032
Employer contribution per active participant$1,362
Average account balance$35,167
Benefits paid to participants$537,853
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 224 accts · $271K emplr
2023$5.8M · 204 accts · $278K emplr
2022$3.7M · 196 accts · $156K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,030
Investment management$13,814
Total administrative$14,844
The Anchor Loans, LP 401(k) match · 2024
Employer contribution per active participant$1,362
Median for plans this size$1,313
2024$1,362 per active participant
2023$1,440 per active participant
2022$797 per active participant

Anchor Loans, LP's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$1,030
NFP RETIREMENT INC · Consulting$13,814

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,844 · 0.22%
2023$12,982 · 0.27%
2022$2,936 · 0.08%
Same employer
Similar plansFinance & Insurance · California
1ST Capital Bank CA$8.5M · 0.39%
Cabrillo Credit Union CA$8.1M · 0.59%
Goldco Direct LLC CA$7.9M · 0.90%
Sumup, Inc. CA$7.7M · 0.33%
Aspiration Partners, Inc. CA$7.7M · 0.52%
Vouch, Inc. CA$7.6M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 463223427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.