Plan Ledger DOL Form 5500 · updated monthly

Buckles-Smith Electric Company401(k)

BUCKLES-SMITH ELECTRIC CO. SAVINGS AND INVESTMENT PLAN · SANTA CLARA, CA · plan year 2021

Reported admin expense ratio · 2021
0.72%

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

Buckles-Smith Electric Company reported $149,745 in plan administrative expenses for 2021: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,049 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 1 year on file its reported administrative ratio rose from 0.72% to 0.92%. The plan sits in the $10M–$50M size bracket, benchmarked here against 109 comparable plans and shown alongside other wholesale trade employers. By assets it is the 3,590th-largest of 9,483 plans among California employers on file, and the 1,868th of 4,246 in wholesale trade. In 2021, employees put in $2.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,349,040
Participants with balances196
Active participants138
Employer contributions$420,713
Employee contributions$1,138,633
Employer contribution per active participant$3,049
Average account balance$103,822
Benefits paid to participants$5,690,897
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2023$0 · $383K emplr
2022$16.1M · 197 accts · $428K emplr
2021$20.3M · 196 accts · $421K emplr
Administrative expenses, itemized · 2021
Investment management$53,530
Total administrative$149,745
The Buckles-Smith Electric Company 401(k) match · 2021
Employer contribution per active participant$3,049
Median for plans this size$2,122
2022$2,993 per active participant
2021$3,049 per active participant

Buckles-Smith Electric Company's 2021 employer contribution ran above the $2,122 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2023Not separately reported
2022$168,456 · 0.92%
2021$149,745 · 0.72%
Same employer
Similar plansWholesale Trade · California
Adams Group, Inc. CA$21.2M · 0.40%
Obagi Cosmeceuticals, LLC CA$20.8M · 0.25%
Razer USA LTD CA$20.8M · 0.41%
Zo Skin Health, Inc. CA$20.7M · 0.34%
Peninsula Components CA$20.1M · 0.27%
True Religion Apparel, Inc. CA$20.0M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941460248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.