Plan Ledger DOL Form 5500 · updated monthly

Citizen Watch Company of America Inc.401(k)

CITIZEN WATCH AMERICA 401(K) AND PROFIT SHARING PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Citizen Watch Company of America Inc. reported $124,344 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $5,805 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 0.13% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 895th-largest of 9,483 plans among California employers on file, and the 370th of 4,246 in wholesale trade. In 2024, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$115,718,109
Participants with balances625
Active participants404
Employer contributions$2,345,402
Employee contributions$3,165,054
Employer contribution per active participant$5,805
Average account balance$185,149
Benefits paid to participants$12,304,494
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$115.7M · 625 accts · $2.3M emplr
2023$108.1M · 639 accts · $2.2M emplr
2022$95.8M · 639 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,394
Investment management$50,000
Audit (IQPA)$19,950
Total administrative$124,344
The Citizen Watch Company of America Inc. 401(k) match · 2024
Employer contribution per active participant$5,805
Median for plans this size$3,635
2024$5,805 per active participant
2023$5,489 per active participant
2022$5,077 per active participant

Citizen Watch Company of America Inc.'s 2024 employer contribution ran above the $3,635 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$54,394
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$50,000
HCVT LLP · Accounting / audit$19,950

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$124,344 · 0.11%
2023$118,464 · 0.12%
2022$141,655 · 0.13%
Same employer
Similar plansWholesale Trade · California
Kellwood Company, LLC CA$124.7M · 0.19%
WD-40 Company CA$116.8M · 0.19%
Sunkist Growers, Inc. CA$116.7M · 0.10%
M S International, Inc. CA$100.2M · 0.07%
Ariat International, Inc. CA$99.0M · 0.06%
Pricesmart, Inc. CA$95.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952934490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.