Plan Ledger DOL Form 5500 · updated monthly

Asc Process System, Inc.401(k)

ASC PROCESS SYSTEM, INC. 401(K) PLAN · VALENCIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Asc Process System, Inc. reported $4,650 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,398 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,530th-largest of 9,483 plans among California employers on file, and the 5,776th of 13,661 in manufacturing. In 2024, employees put in $2.98 for every $1.00 the employer contributed; active participation has grown from 185 to 253 since 2022.

Plan summary
Net assets, end of year$20,815,513
Participants with balances236
Active participants253
Employer contributions$353,814
Employee contributions$1,053,861
Employer contribution per active participant$1,398
Average account balance$88,201
Benefits paid to participants$633,225
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 236 accts · $354K emplr
2023$17.1M · 211 accts · $313K emplr
2022$13.6M · 207 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,650
Total administrative$4,650
The Asc Process System, Inc. 401(k) match · 2024
Employer contribution per active participant$1,398
Median for plans this size$2,416
2024$1,398 per active participant
2023$1,403 per active participant
2022$1,419 per active participant

Asc Process System, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$4,650

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$4,650 · 0.02%
2023$5,063 · 0.03%
2022$1,961 · 0.01%
Same employer
Similar plansManufacturing · California
Eugenus, Inc. CA$21.2M · 0.18%
Faraday and Future CA$21.2M · 0.33%
Quinstar Technology, Inc. CA$21.0M · 0.01%
Tower Industries, Inc. CA$20.9M · 0.20%
Lyten, Inc. CA$20.8M · 0.07%
Kval, Inc. CA$20.7M · 0.01%
Avita Medical Americas LLC CA$20.6M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 954166335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.