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 2022

Reported admin expense ratio · 2022
0.92%

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

Buckles-Smith Electric Company reported $168,456 in plan administrative expenses for 2022: 0.92% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,993 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 4,206th-largest of 9,483 plans among California employers on file, and 2,258th of 4,246 in wholesale trade. In 2022, employees put in $2.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,130,800
Participants with balances197
Active participants143
Employer contributions$427,995
Employee contributions$1,198,564
Employer contribution per active participant$2,993
Average account balance$81,882
Benefits paid to participants$2,315,785
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $383K emplr
2022$16.1M · 197 accts · $428K emplr
Administrative expenses, itemized · 2022
Investment management$44,341
Total administrative$168,456
The Buckles-Smith Electric Company 401(k) match · 2022
Employer contribution per active participant$2,993
Median for plans this size$2,266

Buckles-Smith Electric Company's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$168,456 · 0.92%
Similar plansWholesale Trade · California
The Gehr Group, Inc. CA$16.4M · 0.14%
Cordelia Lighting, Inc. CA$16.2M · 0.23%
Hikvision USA Inc. CA$16.2M · 0.07%
4EARTH Farms, LLC CA$16.1M · 0.20%
Ouraring Inc. CA$16.0M · 0.00%
Desoto Sales, Inc. CA$16.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941480248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.