Plan Ledger DOL Form 5500 · updated monthly

Elma Electronic Inc.401(k)

ELMA ELECTRONIC INC. SAVINGS PLAN · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Elma Electronic Inc. reported $115,455 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $4,390 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 0.12% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,431st-largest of 9,483 plans among California employers on file, and the 2,628th of 13,661 in manufacturing. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 222 to 302 since 2022.

Plan summary
Net assets, end of year$64,477,331
Participants with balances391
Active participants302
Employer contributions$1,325,838
Employee contributions$2,576,381
Employer contribution per active participant$4,390
Average account balance$164,904
Benefits paid to participants$9,776,791
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.5M · 391 accts · $1.3M emplr
2023$63.6M · 449 accts · $1.3M emplr
2022$56.3M · 303 accts · $992K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,325
Investment management$90,730
Audit (IQPA)$16,400
Total administrative$115,455
The Elma Electronic Inc. 401(k) match · 2024
Employer contribution per active participant$4,390
Median for plans this size$3,635
2024$4,390 per active participant
2023$4,392 per active participant
2022$4,466 per active participant

Elma Electronic 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 · 20245
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$20,155
TRUIST BANK · Investment management$62,500
UHY LLP · Accounting / audit$16,400
CHARLES SCHWAB TRUST BANK · Trustee (directed)indirect comp

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$115,455 · 0.18%
2023$70,260 · 0.12%
2022$77,644 · 0.12%
Same employer
Similar plansManufacturing · California
Jacuzzi Brands LLC CA$65.5M · 0.14%
Shaklee Corporation CA$65.1M · 0.09%
Spears Manufacturing Co. CA$65.0M · 0.05%
Hydraflow CA$64.9M · 0.00%
Mattson Technology, Inc. CA$64.3M · 0.15%
World Oil Corp CA$64.3M · 0.12%
Cadence Aerospace CA$64.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133276071 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.