Plan Ledger DOL Form 5500 · updated monthly

Barco Uniforms, Inc.401(k)

BARCO UNIFORMS, INC.401(K) PLAN · GARDENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Barco Uniforms, Inc. reported $22,811 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,353 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 0.05% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,434th of 9,483), and 8,751st of 13,661 in manufacturing. In 2024, employees put in $2.93 for every $1.00 the employer contributed; active participation has shrunk from 218 to 189 since 2022.

Plan summary
Net assets, end of year$10,067,540
Participants with balances176
Active participants189
Employer contributions$255,625
Employee contributions$750,080
Employer contribution per active participant$1,353
Average account balance$57,202
Benefits paid to participants$1,893,176
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 176 accts · $256K emplr
2023$9.8M · 210 accts · $260K emplr
2022$8.5M · 224 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,811
Investment management$5,000
Total administrative$22,811
The Barco Uniforms, Inc. 401(k) match · 2024
Employer contribution per active participant$1,353
Median for plans this size$1,313
2024$1,353 per active participant
2023$1,199 per active participant
2022$1,452 per active participant

Barco Uniforms, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$17,811
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$5,000

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$22,811 · 0.23%
2023$7,662 · 0.08%
2022$4,563 · 0.05%
Same employer
Similar plansManufacturing · California
Biolase, Inc. CA$10.1M · 0.84%
Pro-Dex Inc. CA$10.0M · 0.24%
Maxco Supply, Inc CA$10.0M · 0.32%
Cline Cellars, Inc. CA$10.0M · 0.47%
Richwood Meat Company, Inc. CA$10.0M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521952283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.