Plan Ledger DOL Form 5500 · updated monthly

Honeybee Foods Corporation401(k)

HONEYBEE FOODS CORPORATION 401(K) PLAN · WEST COVINA, CA · plan year 2023

Reported admin expense ratio · 2023
1.52%

Honeybee Foods Corporation reported $53,214 in plan administrative expenses for 2023: 1.52% of average plan assets, higher than ~90% of peers. 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 fell from 1.65% to 1.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,586th of 9,483), and 11,979th of 13,661 in manufacturing. active participation has shrunk from 1,242 to 912 since 2022.

Plan summary
Net assets, end of year$3,561,742
Participants with balances531
Active participants912
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$6,708
Benefits paid to participants$406,934
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$3.6M · 531 accts
2022$3.4M · 660 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$41,831
Investment management$11,383
Total administrative$53,214
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PENTEGRA SERVICES, INC · Recordkeeping$41,831
KESTRA FINANCIAL, INC. · Investment advisory (plan)$11,383

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

Administrative cost history3
2024Not separately reported
2023$53,214 · 1.52%
2022$67,142 · 1.65%
Similar plansManufacturing · California
Galaxy Desserts, Inc. CA$3.6M · 1.16%
Drinkpak, LLC CA$3.6M · 0.52%
Skb CA$3.6M · 0.03%
Rip Curl, Inc. CA$3.5M · 1.11%
Wellington Foods, Inc. CA$3.5M · 0.70%
Psm Industries, Inc. CA$3.5M · 0.96%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 141899654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.