Plan Ledger DOL Form 5500 · updated monthly

Innovation Bakers, LLC401(k)

INNOVATION BAKERS, LLC 401K PLAN · FULLERTON, CA · plan year 2022

Reported admin expense ratio · 2022
0.10%

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

Innovation Bakers, LLC reported $1,405 in plan administrative expenses for 2022: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $846 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (8,590th of 9,483), and 13,099th of 13,661 in manufacturing. In 2022, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,407,909
Participants with balances66
Active participants113
Employer contributions$95,616
Employee contributions$236,073
Employer contribution per active participant$846
Average account balance$21,332
Benefits paid to participants$116,743
Plan auditUnmodified (clean) audit opinion
AuditorROBERT J. MCGEE
The Innovation Bakers, LLC 401(k) match · 2022
Employer contribution per active participant$846
Median for plans this size$1,114

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

Administrative cost history1
2022$1,405 · 0.10%
Similar plansManufacturing · California
Pacific Vial Mfg., Inc. CA$1.5M · 1.75%
Npi Solutions Inc. CA$1.4M · 0.05%
Santini Foods, Inc. CA$1.4M · 0.68%
K Tech Machine Inc CA$1.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861468296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.