Plan Ledger DOL Form 5500 · updated monthly

Banafsheh, Danesh & Javid, PC401(k)

BANAFSHEH, DANESH & JAVID, PC 401K PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.73%

Banafsheh, Danesh & Javid, PC reported $37,684 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. 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 3 years on file its reported administrative ratio has held roughly steady near 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,627th of 9,483), and 9,352nd of 11,654 in professional & technical services. active participation has grown from 214 to 369 since 2022.

Plan summary
Net assets, end of year$6,119,911
Participants with balances395
Active participants369
Employer contributions—
Employee contributions$1,558,770
Employer contribution per active participant—
Average account balance$15,493
Benefits paid to participants$370,100
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 395 accts
2023$4.1M · 314 accts
2022$2.5M · 209 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,275
Investment management$24,409
Total administrative$37,684
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
CHARLESWORTH & RUGG, INC. · Recordkeeping · Trustee$22,647
ADP, INC. · Loan processing · Recordkeeping$15,035
ADP BROKER-DEALERindirect 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
2024ADP, CHARLESWORTH & RUGG, INC.
2023ADP, CHARLESWORTH & RUGG, INC.

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Administrative cost history3
2024$37,684 · 0.73%
2023$22,262 · 0.67%
2022$17,437 · 0.71%
Same employer
Similar plansProfessional & Technical Services · California
Nagarro, Inc. CA$6.2M · 0.14%
Tigergraph, Inc. CA$6.2M · 0.20%
Halio, Inc. CA$6.2M · 0.02%
Laritech, Inc. CA$6.1M · 1.32%
Clara Foods Co. CA$6.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260613208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.