Plan Ledger DOL Form 5500 · updated monthly

Iherb, LLC401(k)

IHERB PROFIT SHARING PLAN & TRUST · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Iherb, LLC reported $76,051 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $3,836 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 0.57% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 926th-largest of 9,483 plans among California employers on file, and the 345th of 5,215 in retail trade. In 2024, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$110,429,078
Participants with balances2,181
Active participants1,826
Employer contributions$7,003,729
Employee contributions$10,169,986
Employer contribution per active participant$3,836
Average account balance$50,632
Benefits paid to participants$9,164,646
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$110.4M · 2,181 accts · $7.0M emplr
2023$84.9M · 2,221 accts · $6.6M emplr
2022$62.9M · 2,189 accts · $6.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,441
Investment management$6,610
Total administrative$76,051
The Iherb, LLC 401(k) match · 2024
Employer contribution per active participant$3,836
Median for plans this size$3,635
2024$3,836 per active participant
2023$3,725 per active participant
2022$3,957 per active participant

Iherb, LLC's 2024 employer contribution ran above the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$69,441
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,610

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$76,051 · 0.08%
2023$149,180 · 0.20%
2022$366,085 · 0.57%
Same employer
Similar plansRetail Trade · California
Nugget Market, Inc. CA$126.0M · 0.25%
Kioxia America Inc. CA$118.2M · 0.14%
Beachbody, LLC CA$114.2M · 0.15%
Hankey Investment Company LP CA$108.4M · 0.21%
Stater Bros. Markets CA$107.1M · 0.11%
Tcag, Inc. CA$101.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954887681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.