Plan Ledger DOL Form 5500 · updated monthly

Berkeley Bowl Produce Inc401(k)

BERKELEY BOWL PRODUCE INC 401K PROFIT SHARING PLAN · BERKELEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Berkeley Bowl Produce Inc reported $147,467 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,827 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 fell from 0.44% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,261st-largest of 9,483 plans among California employers on file, and the 843rd of 5,215 in retail trade. In 2024, the employer put in $1.78 for every $1.00 employees contributed themselves; active participation has grown from 472 to 544 since 2022.

Plan summary
Net assets, end of year$37,358,090
Participants with balances707
Active participants544
Employer contributions$1,537,888
Employee contributions$862,424
Employer contribution per active participant$2,827
Average account balance$52,840
Benefits paid to participants$2,146,197
Plan auditUnmodified (clean) audit opinion
AuditorOBFM ACCOUNTANTS INC
Plan history3
Yearassets · accounts · employer contribution
2024$37.4M · 707 accts · $1.5M emplr
2023$34.1M · 670 accts · $1.4M emplr
2022$29.7M · 646 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,400
Investment management$140,067
Total administrative$147,467
The Berkeley Bowl Produce Inc 401(k) match · 2024
Employer contribution per active participant$2,827
Median for plans this size$2,416
2024$2,827 per active participant
2023$2,796 per active participant
2022$2,902 per active participant

Berkeley Bowl Produce 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
THE RETIREMENT PLAN COMPANY LLC · Recordkeeping · Loan processing$65,066
ASSOCIATED PENSION CONSULTANTS · Recordkeeping$7,400
EDELMAN FINANCIAL ENGINES LLC · Investment advisory (participants)$85,146

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

Recordkeeper by year2
2024ASSOCIATED PENSION CONSULTANTS, THE RETIREMENT PLAN COMPANY LLC
2023ASSOCIATED PENSION CONSULTANTS, THE RETIREMENT PLAN COMPANY LLC

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Administrative cost history3
2024$147,467 · 0.41%
2023$129,986 · 0.41%
2022$135,828 · 0.44%
Same employer
Similar plansRetail Trade · California
Worldwide Golf Shops LLC CA$38.1M · 0.74%
Ghost Management Group, LLC CA$37.2M · 0.32%
New Tangram, LLC CA$36.3M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942803364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.