Plan Ledger DOL Form 5500 · updated monthly

Breakthru Beverage California401(k)

BEN MYERSON CANDY AND WINE WAREHOUSE PROFIT SHARING & EMPLOYEE SAVINGS PLAN · COMMERCE, CA · plan year 2023

Reported admin expense ratio · 2023
0.39%

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

Breakthru Beverage California reported $171,695 in plan administrative expenses for 2023: 0.39% of average plan assets, above the peer median. Employer contributions averaged $361 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 1 year on file its reported administrative ratio rose from 0.22% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,910th-largest of 9,483 plans among California employers on file, and the 3,371st of 13,661 in manufacturing. In 2023, employees put in $9.87 for every $1.00 the employer contributed; active participation has grown from 582 to 722 since 2022.

Plan summary
Net assets, end of year$45,435,026
Participants with balances762
Active participants722
Employer contributions$260,556
Employee contributions$2,570,814
Employer contribution per active participant$361
Average account balance$59,626
Benefits paid to participants$8,164,049
Plan auditUnmodified (clean) audit opinion
AuditorGREEN HASSON & JANKS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $915K emplr
2023$45.4M · 762 accts · $261K emplr
2022$42.6M · 602 accts · $230K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$58,765
Investment management$112,530
Total administrative$171,695
The Breakthru Beverage California 401(k) match · 2023
Employer contribution per active participant$361
Median for plans this size$2,440
2023$361 per active participant
2022$394 per active participant

Breakthru Beverage California's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$57,884
RBC CAPITAL MARKETS LLC · Investment advisory (plan)$83,937
ENVESTNET RETIREMENT SOLUTIONS LLC$25,733
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$2,861
QDRO CONSULTANTS · Consulting$400

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

Recordkeeper by year2
2024Empower
2023Empower

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Administrative cost history3
2024Not separately reported
2023$171,695 · 0.39%
2022$104,622 · 0.22%
Same employer
Similar plansManufacturing · California
Dialog Semiconductor Inc. CA$47.2M · 0.20%
Nsg Technology, Inc. CA$46.9M · 0.01%
Ooma, Inc. CA$46.0M · 0.28%
Exemplis LLC CA$45.6M · 0.06%
Fit Electronics, Inc. CA$45.1M · 0.16%
Sciton Inc. CA$44.8M · 0.18%
Ips Corporation CA$44.8M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952460478 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.