Plan Ledger DOL Form 5500 · updated monthly

Beer Nuts, Inc.401(k)

BEER NUTS, INC. 401(K) PROFIT SHARING PLAN · LOS ANGELES, CA · plan year 2022

Reported admin expense ratio · 2022
2.52%

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

Beer Nuts, Inc. reported $34,667 in plan administrative expenses for 2022: 2.52% of average plan assets, higher than ~90% of peers. Employer contributions averaged $522 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 California (8,616th of 9,483), and 13,117th of 13,661 in manufacturing. In 2022, employees put in $3.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,365,549
Participants with balances76
Active participants76
Employer contributions$39,638
Employee contributions$119,850
Employer contribution per active participant$522
Average account balance$17,968
Benefits paid to participants$179,360
Plan auditUnmodified (clean) audit opinion
AuditorSTRIEGEL KNOBLOCH & COMPANY, L.L.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$25,409
Investment management$8,457
Professional / advisory$801
Total administrative$34,667
The Beer Nuts, Inc. 401(k) match · 2022
Employer contribution per active participant$522
Median for plans this size$1,114

Beer Nuts, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$34,667 · 2.52%
Similar plansManufacturing · California
Santini Foods, Inc. CA$1.4M · 0.68%
K Tech Machine Inc CA$1.4M · 0.01%
Romeo Power, Inc. CA$1.3M · 0.98%
Scncs, LLC. CA$1.3M · 0.60%
Rustic Bakery CA$1.3M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370728557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.