Plan Ledger DOL Form 5500 · updated monthly

Careismatic Brands, Inc.401(k)

CAREISMATIC BRANDS, INC. 401(K) PLAN · CHATSWORTH, CA · plan year 2023

Reported admin expense ratio · 2023
0.40%

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

Careismatic Brands, Inc. reported $127,507 in plan administrative expenses for 2023: 0.40% of average plan assets, above the peer median. Employer contributions averaged $561 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 0.47% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,450th-largest of 9,483 plans among California employers on file, and the 4,128th of 13,661 in manufacturing. In 2023, employees put in $7.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,856,790
Participants with balances941
Active participants784
Employer contributions$439,892
Employee contributions$3,332,451
Employer contribution per active participant$561
Average account balance$35,980
Benefits paid to participants$4,295,954
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.2M · 796 accts · $215K emplr
2023$33.9M · 941 accts · $440K emplr
2022$29.3M · 782 accts · $473K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$67,507
Investment management$60,000
Total administrative$127,507
The Careismatic Brands, Inc. 401(k) match · 2023
Employer contribution per active participant$561
Median for plans this size$2,440
2024$548 per active participant
2023$561 per active participant
2022$591 per active participant

Careismatic Brands, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$67,507
MMA SECURITIES · Investment advisory (plan)$60,000

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$131,371 · 0.39%
2023$127,507 · 0.40%
2022$147,816 · 0.47%
Same employer
Similar plansManufacturing · California
Moldex Metric, Inc. CA$34.0M · 0.09%
Wente Vineyards CA$33.9M · 0.43%
Dana Innovations, Inc. CA$33.9M · 0.15%
Outset Medical, Inc. CA$33.8M · 0.25%
Zymergen Inc. CA$33.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954535351 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.