Plan Ledger DOL Form 5500 · updated monthly

Assemi Group, Inc.401(k)

ASSEMI GROUP, INC. RETIREMENT PLAN · FRESNO, CA · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Assemi Group, Inc. reported $17,071 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,346 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 0.10% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other finance & insurance employers. By assets it is the 4,533rd-largest of 9,483 plans among California employers on file, and 3,580th of 4,798 in finance & insurance. In 2023, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,167,696
Participants with balances231
Active participants214
Employer contributions$501,987
Employee contributions$1,077,616
Employer contribution per active participant$2,346
Average account balance$61,332
Benefits paid to participants$485,023
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 156 accts · $430K emplr
2023$14.2M · 231 accts · $502K emplr
2022$10.7M · 236 accts · $401K emplr
Administrative expenses, itemized · 2023
Investment management$17,071
Total administrative$17,071
The Assemi Group, Inc. 401(k) match · 2023
Employer contribution per active participant$2,346
Median for plans this size$2,440
2024$4,295 per active participant
2023$2,346 per active participant
2022$1,712 per active participant

Assemi Group, 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
NEXUS ADMINISTRATORS, INC. · Recordkeeping · Loan processing$9,739
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$2,470
RBC CAPITAL MARKETS, LLC · Investment advisory (plan)$7,028

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

Recordkeeper by year2
2024NEXUS ADMINISTRATORS, INC
2023NEXUS ADMINISTRATORS, INC., Transamerica

This plan has changed recordkeepers within these filings. If you left Assemi Group, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$62,159 · 0.49%
2023$17,071 · 0.14%
2022$11,634 · 0.10%
Same employer
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Velo-Payments Inc. CA$14.3M · 0.13%
Spherecommerce, LLC CA$14.2M · 0.11%
United Security Bank CA$14.2M · 0.24%
At-Bay, Inc. CA$14.1M · 0.70%
Solar Mosaic LLC CA$13.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202464845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.