Plan Ledger DOL Form 5500 · updated monthly

Bonney Plumbing LLC401(k)

BONNEY PLUMBING LLC 401(K) PROFIT SHARING PLAN · RANCHO CORDOVA, CA · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Bonney Plumbing LLC reported $45,030 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $1,571 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 rose from 0.72% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (6,655th of 9,483), and 3,498th of 4,246 in wholesale trade. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 233 to 269 since 2022.

Plan summary
Net assets, end of year$6,019,094
Participants with balances162
Active participants269
Employer contributions$422,669
Employee contributions$782,308
Employer contribution per active participant$1,571
Average account balance$37,155
Benefits paid to participants$987,707
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 162 accts · $423K emplr
2023$5.1M · 155 accts · $406K emplr
2022$3.4M · 107 accts · $232K emplr
Administrative expenses, itemized · 2024
Investment management$45,030
Total administrative$45,030
The Bonney Plumbing LLC 401(k) match · 2024
Employer contribution per active participant$1,571
Median for plans this size$1,313
2024$1,571 per active participant
2023$1,459 per active participant
2022$997 per active participant

Bonney Plumbing LLC's 2024 employer contribution ran above the $1,313 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 · 20245
ASCENSUS HOLDINGS INC DBA · Contract administrator$9,375
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)$6,505
CETERA ADVISORS LLC · Investment advisory (plan)$5,862
ASCENSUS INCindirect comp

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

Administrative cost history3
2024$45,030 · 0.81%
2023$22,247 · 0.52%
2022$27,039 · 0.72%
Same employer
Similar plansWholesale Trade · California
B & V Enterprises, Inc. CA$6.3M · 1.24%
Lusamerica Foods, Inc. CA$6.3M · 0.02%
Empi, Inc. CA$6.1M · 0.02%
Headstart Nursery, Inc. CA$6.0M · 0.49%
All-Tex, Inc. CA$6.0M · 0.33%
Hyper Ice, Inc. CA$5.9M · 0.04%
Sgii, Inc. CA$5.8M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461259484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.