Plan Ledger DOL Form 5500 · updated monthly

Heath Ceramics, LTD.401(k)

HEATH CERAMICS, LTD. 401(K) PLAN · SAUSALITO, CA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Heath Ceramics, LTD. reported $72,710 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,042 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 0.84% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,613th-largest of 9,483 plans among California employers on file, and 7,457th of 13,661 in manufacturing. In 2024, employees put in $5.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,788,362
Participants with balances227
Active participants173
Employer contributions$180,250
Employee contributions$942,137
Employer contribution per active participant$1,042
Average account balance$60,742
Benefits paid to participants$1,267,475
Plan auditUnmodified (clean) audit opinion
AuditorTURNER, WARREN, HWANG & CONRAD
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 227 accts · $180K emplr
2023$11.6M · 247 accts · $174K emplr
2022$9.4M · 238 accts · $172K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,782
Investment management$43,928
Total administrative$72,710
The Heath Ceramics, LTD. 401(k) match · 2024
Employer contribution per active participant$1,042
Median for plans this size$2,416
2024$1,042 per active participant
2023$1,027 per active participant
2022$968 per active participant

Heath Ceramics, LTD.'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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$28,782
OSAIC WEALTH, INC. · Investment advisory (plan)$33,494
WOODBURY FINANCIAL SERVICES, INC. · Investment advisory (plan)$10,434

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$72,710 · 0.57%
2023$67,757 · 0.65%
2022$83,677 · 0.84%
All plans at this employer2
HEATH CERAMICS, LTD. 401(K) PLAN401(k)
HEATH CERAMICS EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansManufacturing · California
Kruse Western Holdings, LLC CA$13.9M · 0.27%
Torn & Glasser, Inc. CA$13.8M · 0.72%
Inhibrx, Inc. CA$13.8M · 0.13%
Belkorp AG Holdings, Inc. CA$13.8M · 0.22%
US Motor Works, LLC CA$13.7M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753123399 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.