Plan Ledger DOL Form 5500 · updated monthly

Ito, Inc.401(k)

ITO, INC. DBA KIKKA 401K PLAN · INGLEWOOD, CA · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

Ito, Inc. reported $38,935 in plan administrative expenses for 2023: 0.16% of average plan assets, below the peer median. Employer contributions averaged $967 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 1 year on file its reported administrative ratio rose from 0.11% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 2,846th-largest of 9,483 plans among California employers on file, and the 220th of 2,240 in accommodation & food services. In 2023, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,827,034
Participants with balances597
Active participants1,064
Employer contributions$1,029,241
Employee contributions$2,244,885
Employer contribution per active participant$967
Average account balance$46,611
Benefits paid to participants$2,050,992
Plan auditDisclaimer of opinion
AuditorRANDY VEGTING CPA, MST, ACCOUNTANCY
Plan history2
Yearassets · accounts · employer contribution
2023$27.8M · 597 accts · $1.0M emplr
2022$21.6M · 567 accts · $920K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,935
Audit (IQPA)$11,000
Total administrative$38,935
The Ito, Inc. 401(k) match · 2023
Employer contribution per active participant$967
Median for plans this size$2,440
2023$967 per active participant
2022$815 per active participant

Ito, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$27,935
RANDOLPH VEGTING CPA, MST · Accounting / audit$11,000

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

Administrative cost history2
2023$38,935 · 0.16%
2022$21,920 · 0.11%
Same employer
Similar plansAccommodation & Food Services · California
Sweetgreen, Inc. CA$29.7M · 0.37%
El Pollo Loco, Inc. CA$27.9M · 0.18%
Catalina Island Company CA$27.3M · 0.43%
Ols Hotels & Resorts, LLC CA$26.5M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954051909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.