Plan Ledger DOL Form 5500 · updated monthly

Bakemark USA LLC401(k)

BAKEMARK USA LLC 401(K) PLAN · PICO RIVERA, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Bakemark USA LLC reported $101,008 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,646 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 0.13% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,387th-largest of 9,483 plans among California employers on file, and the 628th of 4,246 in wholesale trade. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$66,578,053
Participants with balances1,364
Active participants1,235
Employer contributions$3,268,119
Employee contributions$5,849,297
Employer contribution per active participant$2,646
Average account balance$48,811
Benefits paid to participants$9,767,751
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.6M · 1,364 accts · $3.3M emplr
2023$58.0M · 1,358 accts · $2.6M emplr
2022$47.3M · 1,094 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,008
Total administrative$101,008
The Bakemark USA LLC 401(k) match · 2024
Employer contribution per active participant$2,646
Median for plans this size$3,635
2024$2,646 per active participant
2023$2,121 per active participant
2022$2,066 per active participant

Bakemark USA LLC's 2024 employer contribution ran below the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$109,004
AON INVESTMENTS USA INC · Investment management$95,568
BDO USA LLP (AUDITOR) · Other services$34,500

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$101,008 · 0.16%
2023$86,502 · 0.16%
2022$64,968 · 0.13%
Same employer
Similar plansWholesale Trade · California
Jvckenwood USA Corporation CA$67.4M · 0.10%
Donaghy Sales, Inc. CA$66.8M · 0.04%
Multiquip Inc. CA$66.6M · 0.33%
Ready Pac Produce, Inc. CA$66.4M · 0.52%
Ralco Holdings, Inc. CA$65.4M · 0.59%
Tri-West, LTD. CA$63.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952755319 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.