Plan Ledger DOL Form 5500 · updated monthly

C & B Holding Company, Inc. dba Braun Electric Com401(k)

BRAUN ELECTRIC COMPANY, INC. 401(K) PLAN · BAKERSFIELD, CA · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

C & B Holding Company, Inc. dba Braun Electric Com reported $5,852 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,005 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 0.02% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (5,661st of 9,483), and 1,720th of 3,341 in other services. In 2023, employees put in $2.13 for every $1.00 the employer contributed; active participation has shrunk from 156 to 124 since 2022.

Plan summary
Net assets, end of year$9,323,668
Participants with balances128
Active participants124
Employer contributions$248,601
Employee contributions$529,818
Employer contribution per active participant$2,005
Average account balance$72,841
Benefits paid to participants$2,198,995
Plan auditUnmodified (clean) audit opinion
AuditorBARBICH HOOPER KING DILL HOFFMAN
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 84 accts · $91K emplr
2023$9.3M · 128 accts · $249K emplr
2022$9.3M · 146 accts · $304K emplr
Administrative expenses, itemized · 2023
Investment management$11,018
Total administrative$5,852
The C & B Holding Company, Inc. dba Braun Electric Com 401(k) match · 2023
Employer contribution per active participant$2,005
Median for plans this size$1,308
2024$2,277 per active participant
2023$2,005 per active participant
2022$1,946 per active participant

C & B Holding Company, Inc. dba Braun Electric Com's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
WEALTH TEAMS ALLIANCE INC · Investment advisory (plan)$11,018
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$38,044 · 0.46%
2023$5,852 · 0.06%
2022$1,863 · 0.02%
Same employer
Similar plansOther Services · California
Cotton on USA, Inc. CA$9.5M · 0.95%
Lifehouse, Inc. CA$9.4M · 0.89%
Cbj Associates Inc CA$9.3M · 0.43%
One Degree CA$9.2M · 0.03%
Orangewood Foundation CA$8.7M · 0.70%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 770248488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.