Plan Ledger DOL Form 5500 · updated monthly

Bi Rite Restaurant Supply Co., Inc.401(k)

BI RITE RESTAURANT SUPPLY CO., INC. 401(K) PLAN · BRISBANE, CA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Bi Rite Restaurant Supply Co., Inc. reported $139,204 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $5,511 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 0.38% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,762nd-largest of 9,483 plans among California employers on file, and the 821st of 4,246 in wholesale trade. In 2024, employees put in $1.21 for every $1.00 the employer contributed; active participation has grown from 211 to 290 since 2022.

Plan summary
Net assets, end of year$50,246,622
Participants with balances375
Active participants290
Employer contributions$1,598,199
Employee contributions$1,929,180
Employer contribution per active participant$5,511
Average account balance$133,991
Benefits paid to participants$4,809,507
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.2M · 375 accts · $1.6M emplr
2023$44.7M · 364 accts · $1.3M emplr
2022$38.0M · 284 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,369
Investment management$98,835
Total administrative$139,204
The Bi Rite Restaurant Supply Co., Inc. 401(k) match · 2024
Employer contribution per active participant$5,511
Median for plans this size$2,416
2024$5,511 per active participant
2023$4,913 per active participant
2022$6,035 per active participant

Bi Rite Restaurant Supply Co., Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$40,369
CREATIVE PLANNING HOLDCO LLC · Investment management$98,835

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$139,204 · 0.29%
2023$151,066 · 0.37%
2022$166,235 · 0.38%
Same employer
Similar plansWholesale Trade · California
Bachem Americas ,Inc. CA$51.6M · 0.15%
West Coast Materials, Inc. CA$51.2M · 0.26%
Cj America Inc CA$51.0M · 0.34%
Momentum Textiles, LLC CA$49.9M · 0.30%
R.F. Macdonald Company CA$49.2M · 0.15%
Jc Foodservice, Inc. CA$49.0M · 0.05%
Rodan & Fields, LLC CA$48.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942266266 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.