Plan Ledger DOL Form 5500 · updated monthly

Ba-Le, Inc. dba la Tour Bakehouse401(k)

SIMPLICITYHR 401(K) RETIREMENT SAVINGS PLAN FBO BA-LE, INC. DBA LA TOUR BAKEHOUSE · HONOLULU, HI · plan year 2022

Reported admin expense ratio · 2022
0.79%

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

Ba-Le, Inc. dba la Tour Bakehouse reported $9,145 in plan administrative expenses for 2022: 0.79% of average plan assets, higher than ~75% of peers. Employer contributions averaged $987 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Hawaii (260th of 269), and 13,201st of 13,661 in manufacturing. In 2022, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,185,764
Participants with balances66
Active participants108
Employer contributions$106,603
Employee contributions$149,353
Employer contribution per active participant$987
Average account balance$17,966
Benefits paid to participants$85,914
Plan auditUnmodified (clean) audit opinion
AuditorSOMERSERT CPAS, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,074
Investment management$1,071
Total administrative$9,145
The Ba-Le, Inc. dba la Tour Bakehouse 401(k) match · 2022
Employer contribution per active participant$987
Median for plans this size$1,114

Ba-Le, Inc. dba la Tour Bakehouse's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,145 · 0.79%
Similar plansManufacturing · Hawaii
Sun Noodle H and U, Inc. HI$6.4M · 1.02%
L Kang Inc HI$3.0M · 1.20%
Leafline Labs, LLC MN$1.2M · 1.63%
Syracuse Food Group, LLC TX$1.2M · 0.71%
Lamar Trailers Inc. TX$1.2M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990351906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.