Plan Ledger DOL Form 5500 · updated monthly

Fresno Oxygen & Welding Supplies401(k)

FRESNO OXYGEN EMPLOYEES 401(K) RETIREMENT PLAN · FRESNO, CA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Fresno Oxygen & Welding Supplies reported $29,920 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. Employer contributions averaged $1,112 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 0.41% to 0.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,822nd of 9,483), and 9,348th of 13,661 in manufacturing. In 2024, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,712,647
Participants with balances102
Active participants166
Employer contributions$184,649
Employee contributions$414,809
Employer contribution per active participant$1,112
Average account balance$85,418
Benefits paid to participants$417,893
Plan auditUnmodified (clean) audit opinion
AuditorVISKOCHIL ASSURANCE SERVICES LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 102 accts · $185K emplr
2023$7.3M · 103 accts · $194K emplr
2022$6.2M · 101 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,920
Total administrative$29,920
The Fresno Oxygen & Welding Supplies 401(k) match · 2024
Employer contribution per active participant$1,112
Median for plans this size$1,313
2024$1,112 per active participant
2023$1,160 per active participant
2022$1,190 per active participant

Fresno Oxygen & Welding Supplies's 2024 employer contribution ran below the $1,313 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 · 20241
COMMONWEALTH FINANCIAL NETWORKindirect comp

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$29,920 · 0.37%
2023$27,315 · 0.40%
2022$29,418 · 0.41%
Same employer
Similar plansManufacturing · California
The Winsford Company, LLC CA$8.8M · 0.49%
Silvus Technologies, Inc. CA$8.7M · 0.26%
Semifreddi's Bakery CA$8.7M · 0.65%
Bolt Threads, Inc. CA$8.7M · 0.39%
Western Cnc, Inc. CA$8.7M · 0.59%
Natals, Inc. CA$8.7M · 0.11%
L2T, Inc. CA$8.6M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941353226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.