Plan Ledger DOL Form 5500 · updated monthly

Benevolence Industries Incorpora401(k)

BENEVOLENCE INDUSTRIES INCORPORATED 401(K) PROFIT SHARI · TORRANCE, CA · plan year 2022

Reported admin expense ratio · 2022
0.50%

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

Benevolence Industries Incorpora reported $8,506 in plan administrative expenses for 2022: 0.50% of average plan assets, above the peer median. Employer contributions averaged $1,685 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 health care & social assistance employers. By assets it is among the smaller plans on file in California (8,439th of 9,483), and 10,283rd of 11,911 in health care & social assistance. In 2022, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,715,204
Participants with balances76
Active participants82
Employer contributions$138,148
Employee contributions$271,207
Employer contribution per active participant$1,685
Average account balance$22,568
Benefits paid to participants$106,448
Plan auditUnmodified (clean) audit opinion
AuditorDAVID L BUCK CPA
The Benevolence Industries Incorpora 401(k) match · 2022
Employer contribution per active participant$1,685
Median for plans this size$1,114

Benevolence Industries Incorpora's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,506 · 0.50%
Similar plansHealth Care & Social Assistance · California
Mission Bay, Inc. CA$1.8M · 0.69%
Soledad Enrichment Action CA$1.7M · 0.11%
Valley Critter Care, Inc. CA$1.7M · 0.84%
Mission de la Casa CA$1.7M · 0.67%
Remi Vista, Inc. CA$1.7M · 1.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203344362 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.