Plan Ledger DOL Form 5500 · updated monthly

Charles Matoian Enterprises, Inc401(k)

CHARLES MATOIAN ENTERPRISES, INC. DBA OK PRODUCE 401(K) PROFIT SHARING PLAN · FRESNO, CA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Charles Matoian Enterprises, Inc reported $137,775 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,329 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 0.37% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 3,040th-largest of 9,483 plans among California employers on file, and the 1,545th of 4,246 in wholesale trade. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 182 to 206 since 2022.

Plan summary
Net assets, end of year$25,630,386
Participants with balances261
Active participants206
Employer contributions$891,857
Employee contributions$1,227,545
Employer contribution per active participant$4,329
Average account balance$98,201
Benefits paid to participants$1,007,830
Plan auditUnmodified (clean) audit opinion
AuditorBAERG & ASSOCIATES, CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 261 accts · $892K emplr
2023$20.7M · 255 accts · $745K emplr
2022$16.6M · 242 accts · $701K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,110
Investment management$43,665
Audit (IQPA)$11,000
Total administrative$137,775
The Charles Matoian Enterprises, Inc 401(k) match · 2024
Employer contribution per active participant$4,329
Median for plans this size$2,416
2024$4,329 per active participant
2023$3,669 per active participant
2022$3,850 per active participant

Charles Matoian Enterprises, Inc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$83,110
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Pension consulting$43,665
BAERG & ASSOCIATES, LLP · Accounting / audit$11,000

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history3
2024$137,775 · 0.59%
2023$129,343 · 0.69%
2022$66,388 · 0.37%
Same employer
Similar plansWholesale Trade · California
Capcom U.S.A. Inc. CA$26.0M · 0.00%
Sunrise Brands, LLC CA$25.8M · 0.47%
The Kelleher Corporation CA$25.7M · 0.24%
Garton Tractor, Inc. CA$25.7M · 0.53%
Ewing-Foley, Inc. CA$25.4M · 0.21%
Advance Beverage Co., Inc. CA$25.3M · 0.45%
Roland Dga Corporation CA$25.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941526465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.