Plan Ledger DOL Form 5500 · updated monthly

Desoto Sales, Inc.401(k)

DESOTO SALES, INC. 401(K) PROFIT SHARING PLAN · CANOGA PARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Desoto Sales, Inc. reported $37,859 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $5,286 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 0.13% to 0.25%. 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 4,236th-largest of 9,483 plans among California employers on file, and 2,273rd of 4,246 in wholesale trade. In 2024, the employer put in $1.21 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$15,951,278
Participants with balances145
Active participants115
Employer contributions$607,946
Employee contributions$502,495
Employer contribution per active participant$5,286
Average account balance$110,009
Benefits paid to participants$1,521,365
Plan auditUnmodified (clean) audit opinion
AuditorWDC & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 145 accts · $608K emplr
2023$14.8M · 148 accts · $586K emplr
2022$13.4M · 139 accts · $582K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,859
Total administrative$37,859
The Desoto Sales, Inc. 401(k) match · 2024
Employer contribution per active participant$5,286
Median for plans this size$2,416
2024$5,286 per active participant
2023$4,927 per active participant
2022$5,288 per active participant

Desoto Sales, 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 · 20241
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$37,859

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$37,859 · 0.25%
2023$38,607 · 0.27%
2022$17,657 · 0.13%
Same employer
Similar plansWholesale Trade · California
4EARTH Farms, LLC CA$16.1M · 0.20%
Ouraring Inc. CA$16.0M · 0.00%
Sideshow Inc. CA$15.9M · 0.55%
Progressive Produce LLC CA$15.8M · 0.02%
Giti Tire USA LTD. CA$15.7M · 0.23%
Giant Bicycle Inc CA$15.5M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953386654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.