Plan Ledger DOL Form 5500 · updated monthly

Belkorp AG Holdings, Inc.401(k)

BELKORP GROUP 401(K) PLAN · MODESTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Belkorp AG Holdings, Inc. reported $27,582 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,591 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 3 years on file its reported administrative ratio has held roughly steady near 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,623rd-largest of 9,483 plans among California employers on file, and 7,463rd of 13,661 in manufacturing. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 163 to 201 since 2022.

Plan summary
Net assets, end of year$13,765,395
Participants with balances259
Active participants201
Employer contributions$520,778
Employee contributions$1,279,077
Employer contribution per active participant$2,591
Average account balance$53,148
Benefits paid to participants$1,256,081
Plan auditUnmodified (clean) audit opinion
AuditorATHERTON & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 259 accts · $521K emplr
2023$11.5M · 228 accts · $370K emplr
2022$9.8M · 238 accts · $388K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,582
Total administrative$27,582
The Belkorp AG Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$2,591
Median for plans this size$2,416
2024$2,591 per active participant
2023$2,273 per active participant
2022$2,381 per active participant

Belkorp AG Holdings, Inc.'s 2024 employer contribution ran above the $2,416 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$47,037
OSBORNE & ASSOCIATES, INC. · Recordkeeping · Loan processing$20,346
ATHERTON & ASSOCIATES LLP · Accounting / audit$18,905

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

Recordkeeper by year2
2024OSBORNE & ASSOCIATES, INC., Transamerica
2023OSBORNE & ASSOCIATES, INC., Transamerica

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

Administrative cost history3
2024$27,582 · 0.22%
2023$15,255 · 0.14%
2022$23,036 · 0.23%
Similar plansManufacturing · California
Kruse Western Holdings, LLC CA$13.9M · 0.27%
Torn & Glasser, Inc. CA$13.8M · 0.72%
Inhibrx, Inc. CA$13.8M · 0.13%
Heath Ceramics, LTD. CA$13.8M · 0.57%
US Motor Works, LLC CA$13.7M · 0.52%
Ruggable, LLC CA$13.6M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990367362 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.