Plan Ledger DOL Form 5500 · updated monthly

Faire Wholesale, Inc.401(k)

FAIRE 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Faire Wholesale, Inc. reported $138,026 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $15 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 0.51% to 0.48%. 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 2,510th-largest of 9,483 plans among California employers on file, and the 1,265th of 4,246 in wholesale trade. In 2024, employees put in $826.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,740,350
Participants with balances573
Active participants560
Employer contributions$8,490
Employee contributions$7,020,483
Employer contribution per active participant$15
Average account balance$57,138
Benefits paid to participants$4,556,524
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.7M · 573 accts · $8K emplr
2023$24.8M · 596 accts · $5K emplr
2022$13.0M · 512 accts
Administrative expenses, itemized · 2024
Investment management$138,026
Total administrative$138,026
The Faire Wholesale, Inc. 401(k) match · 2024
Employer contribution per active participant$15
Median for plans this size$2,416
2024$15 per active participant
2023$9 per active participant

Faire Wholesale, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
HUMAN INTEREST ADVISOR LLC · Contract administrator · Investment advisory (plan)$138,027

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

Recordkeeper by year2
2024Human Interest
2023Human Interest

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

Administrative cost history3
2024$138,026 · 0.48%
2023$82,552 · 0.44%
2022$51,604 · 0.51%
Same employer
Similar plansWholesale Trade · California
Pentland USA, Inc. CA$33.5M · 0.29%
Mad Engine Global, LLC CA$33.3M · 0.36%
Motive Energy, Inc CA$33.2M · 0.49%
A.L. Gilbert Company CA$32.3M · 0.00%
Yubico, Inc. CA$32.1M
Adept Fasteners, Inc. CA$32.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814549038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.