Plan Ledger DOL Form 5500 · updated monthly

Creative Labs, Inc.401(k)

CREATIVE HOLDINGS 401(K) PLAN · MILPITAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Creative Labs, Inc. reported $16,163 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,437 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 0.04% to 0.06%. 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 2,994th-largest of 9,483 plans among California employers on file, and the 1,514th of 4,246 in wholesale trade. In 2024, employees put in $4.69 for every $1.00 the employer contributed; active participation has shrunk from 17 to 6 since 2022.

Plan summary
Net assets, end of year$26,143,727
Participants with balances122
Active participants6
Employer contributions$14,619
Employee contributions$68,494
Employer contribution per active participant$2,437
Average account balance$214,293
Benefits paid to participants$3,711,104
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT AND TAX SOLUTIONS
Plan history3
Yearassets · accounts · employer contribution
2024$26.1M · 122 accts · $15K emplr
2023$24.8M · 131 accts · $21K emplr
2022$21.7M · 147 accts · $50K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,285
Investment management$378
Audit (IQPA)$8,500
Total administrative$16,163
The Creative Labs, Inc. 401(k) match · 2024
Employer contribution per active participant$2,437
Median for plans this size$2,416
2024$2,437 per active participant
2023$2,632 per active participant
2022$2,941 per active participant

Creative Labs, Inc.'s 2024 employer contribution ran above 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 · 20242
AUDIT AND TAX SOLUTIONS · Accounting / audit$8,500
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$7,284

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$16,163 · 0.06%
2023$10,184 · 0.04%
2022$10,897 · 0.04%
Similar plansWholesale Trade · California
E.B. Bradley Company CA$26.4M · 0.33%
Keeco, LLC CA$26.0M · 0.62%
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%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 943074825 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.