Plan Ledger DOL Form 5500 · updated monthly

Better Earth Inc.401(k)

BETTER EARTH INC 401(K) PROFIT SHARING PLAN AND TRUST · MARTINEZ, CA · plan year 2023

Reported admin expense ratio · 2023
0.45%

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

Better Earth Inc. reported $6,427 in plan administrative expenses for 2023: 0.45% of average plan assets, below the peer median. Employer contributions averaged $4 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 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (8,264th of 9,483), and 4,022nd of 4,246 in wholesale trade. In 2023, employees put in $1028.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,106,055
Participants with balances524
Active participants345
Employer contributions$1,241
Employee contributions$1,276,043
Employer contribution per active participant$4
Average account balance$4,019
Benefits paid to participants$238,739
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 172 accts
2023$2.1M · 524 accts · $1K emplr
2022$767K · 185 accts
Administrative expenses, itemized · 2023
Investment management$6,427
Total administrative$6,427
The Better Earth Inc. 401(k) match · 2023
Employer contribution per active participant$4
Median for plans this size$1,308

Better Earth Inc.'s 2023 employer contribution ran below the $1,308 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.

Administrative cost history3
2024$9,336 · 0.50%
2023$6,427 · 0.45%
2022$2,909 · 0.52%
Same employer
Similar plansWholesale Trade · California
Earl's Organic Produce CA$2.4M · 0.81%
Revolution Foods, Inc CA$2.2M · 1.45%
Peterman Lumber Inc. CA$2.1M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842505996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.