Plan Ledger DOL Form 5500 · updated monthly

Fort Point Beer Company401(k)

FORT POINT BEER COMPANY 401(K) PLAN · SAN FRANCISCO, CA · plan year 2022

Reported admin expense ratio · 2022
1.63%

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

Fort Point Beer Company reported $21,231 in plan administrative expenses for 2022: 1.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 1.63% to 1.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (8,680th of 9,483), and 4,121st of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$1,261,003
Participants with balances337
Active participants64
Employer contributions$0
Employee contributions$269,838
Employer contribution per active participant$0
Average account balance$3,742
Benefits paid to participants$133,356
Plan auditUnmodified (clean) audit opinion
AuditorIN CARON & BLETZER, PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$812K · 85 accts
2022$1.3M · 337 accts
Administrative expenses, itemized · 2022
Investment management$3,074
Professional / advisory$18,157
Total administrative$21,231
The Fort Point Beer Company 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Fort Point Beer Company's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$18,983 · 1.83%
2022$21,231 · 1.63%
Similar plansWholesale Trade · California
Boething Treeland Farms CA$1.8M · 0.02%
Collision Auto Parts LLC CA$1.5M · 0.79%
Bendpak Inc CA$1.2M · 0.08%
Marugame Udon USA LLC CA$1.2M · 0.84%
Mercado Latino, Inc. CA$1.2M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462791571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.