Plan Ledger DOL Form 5500 · updated monthly

Catalina Channel Express, Inc.401(k)

CATALINA CHANNEL EXPRESS, INC. 401(K) PLAN AND TRUST · SAN PEDRO, CA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Catalina Channel Express, Inc. reported $101,952 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,074 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 0.44% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 2,668th-largest of 9,483 plans among California employers on file, and the 202nd of 2,240 in accommodation & food services. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 203 to 248 since 2022.

Plan summary
Net assets, end of year$30,134,882
Participants with balances333
Active participants248
Employer contributions$514,240
Employee contributions$1,020,285
Employer contribution per active participant$2,074
Average account balance$90,495
Benefits paid to participants$1,466,707
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.1M · 333 accts · $514K emplr
2023$26.7M · 320 accts · $545K emplr
2022$25.1M · 334 accts · $496K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,237
Investment management$53,715
Total administrative$101,952
The Catalina Channel Express, Inc. 401(k) match · 2024
Employer contribution per active participant$2,074
Median for plans this size$2,416
2024$2,074 per active participant
2023$2,391 per active participant
2022$2,441 per active participant

Catalina Channel Express, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
JOHN HANCOCK LIFE INSURANCE CO. · Recordkeeping · Investment management$956
LPL FINANCIAL LLC · Investment advisory (participants) · Investment advisory (plan)indirect comp
WILSHIRE ASSOCIATES INC · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$101,952 · 0.36%
2023$114,155 · 0.44%
2022$122,290 · 0.44%
Same employer
Similar plansAccommodation & Food Services · California
Busch Group, LLC CA$32.7M · 0.45%
Jc Resorts LLC CA$32.6M · 0.39%
Stone Brewing Co., LLC CA$31.4M · 0.24%
Sweetgreen, Inc. CA$29.7M · 0.37%
El Pollo Loco, Inc. CA$27.9M · 0.18%
Ito, Inc. CA$27.8M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 953650406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.