Plan Ledger DOL Form 5500 · updated monthly

Bacon Universal Co., Inc.401(k)

BACON UNIVERSAL CO., INC. 401(K) PROFIT SHARING PLAN · HONOLULU, HI · plan year 2023

Reported admin expense ratio · 2023
0.47%

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

Bacon Universal Co., Inc. reported $15,201 in plan administrative expenses for 2023: 0.47% 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 1 year on file its reported administrative ratio rose from 0.32% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Hawaii (225th of 269), and 2,605th of 3,341 in other services.

Plan summary
Net assets, end of year$3,298,594
Participants with balances119
Active participants93
Employer contributions$0
Employee contributions$132,675
Employer contribution per active participant$0
Average account balance$27,719
Benefits paid to participants$255,168
Plan auditUnmodified (clean) audit opinion
AuditorMC GROUP HAWAII, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$3.3M · 119 accts
2022$3.1M · 130 accts · $123K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,201
Total administrative$15,201
The Bacon Universal Co., Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Bacon Universal Co., Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
HICKS PENSION GROUP · Contract administrator$9,373
ROYAL ALLIANCE ASSOCIATES INCindirect comp
QUALIFED SERVICES INC · Contract administratorindirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024Not separately reported
2023$15,201 · 0.47%
2022$9,430 · 0.32%
Similar plansOther Services · Hawaii
Marisco, LTD. HI$8.9M · 0.15%
The Arc of Maui HI$2.3M · 0.02%
Helping Hands Hawaii HI$2.3M · 0.01%
Hawaii Care & Cleaning HI$1.8M · 0.91%
Propark, Inc. HI$381K · 1.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990066852 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.