Plan Ledger DOL Form 5500 · updated monthly

Certified Stainless Services, Inc. dba West-Mark401(k)

WEST-MARK RETIREMENT PLAN · CERES, CA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Certified Stainless Services, Inc. dba West-Mark reported $55,411 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,025 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 0.39% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,192nd of 9,483), and 8,354th of 13,661 in manufacturing. In 2024, employees put in $2.71 for every $1.00 the employer contributed; active participation has grown from 199 to 290 since 2022.

Plan summary
Net assets, end of year$11,021,295
Participants with balances308
Active participants290
Employer contributions$297,282
Employee contributions$806,805
Employer contribution per active participant$1,025
Average account balance$35,783
Benefits paid to participants$1,521,096
Plan auditUnmodified (clean) audit opinion
AuditorLEE CPA AUDIT
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 308 accts · $297K emplr
2023$10.3M · 255 accts · $251K emplr
2022$10.8M · 232 accts · $231K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,411
Total administrative$55,411
The Certified Stainless Services, Inc. dba West-Mark 401(k) match · 2024
Employer contribution per active participant$1,025
Median for plans this size$2,416
2024$1,025 per active participant
2023$1,138 per active participant
2022$1,161 per active participant

Certified Stainless Services, Inc. dba West-Mark's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$55,410
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect 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$55,411 · 0.52%
2023$55,592 · 0.53%
2022$46,194 · 0.39%
Same employer
Similar plansManufacturing · California
Plastikon Industries, Inc. CA$11.1M · 0.82%
Diamond Foundry, Inc. CA$11.1M · 0.08%
Harv 81 USA, Inc. CA$11.0M · 0.55%
Monster, Inc. CA$11.0M · 0.42%
Noah Medical Corporation CA$11.0M · 0.64%
Custom Control Sensors, LLC CA$11.0M · 0.48%
Mattco Forge, Inc. CA$11.0M · 0.50%
Alpha Teknova, Inc. CA$11.0M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941683335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.