Plan Ledger DOL Form 5500 · updated monthly

Classic Beverage of Southern California, LLC401(k)

CLASSIC BEVERAGE OF SOUTHERN CALIFORNIA, LLC 401(K) PLAN · CITY OF INDUSTRY, CA · plan year 2023

Reported admin expense ratio · 2023
0.62%

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

Classic Beverage of Southern California, LLC reported $59,407 in plan administrative expenses for 2023: 0.62% of average plan assets, above the peer median. Employer contributions averaged $1,506 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 0.52% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (5,413th of 9,483), and 2,900th of 4,246 in wholesale trade. In 2023, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,139,634
Participants with balances1
Active participants305
Employer contributions$459,224
Employee contributions$993,114
Employer contribution per active participant$1,506
Average account balance$10,139,634
Benefits paid to participants$1,705,057
Plan auditUnmodified (clean) audit opinion
AuditorHUTCHINSON & BLOODGOOD LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 320 accts · $265K emplr
2023$10.1M · 1 accts · $459K emplr
2022$9.0M · 330 accts · $568K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$59,407
Total administrative$59,407
The Classic Beverage of Southern California, LLC 401(k) match · 2023
Employer contribution per active participant$1,506
Median for plans this size$1,308
2024$933 per active participant
2023$1,506 per active participant
2022$1,951 per active participant

Classic Beverage of Southern California, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$59,407

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$56,686 · 0.57%
2023$59,407 · 0.62%
2022$47,101 · 0.52%
Same employer
Similar plansWholesale Trade · California
Naturipe Berry Growers CA$10.4M · 0.63%
Wpg Americas, Inc. CA$10.2M · 0.24%
Eastman Strings Inc CA$10.0M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872965513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.