Plan Ledger DOL Form 5500 · updated monthly

James Perse Enterprises, LLC401(k)

JAMES PERSE ENTERPRISES, LLC 401(K) PROFIT SHARING PLAN · DOWNEY, CA · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

James Perse Enterprises, LLC reported $141,204 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,953 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 3 years on file its reported administrative ratio has held roughly steady near 1.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 4,404th-largest of 9,483 plans among California employers on file, and 2,378th of 4,246 in wholesale trade. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 222 to 251 since 2022.

Plan summary
Net assets, end of year$14,892,571
Participants with balances229
Active participants251
Employer contributions$490,253
Employee contributions$991,321
Employer contribution per active participant$1,953
Average account balance$65,033
Benefits paid to participants$1,454,027
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 229 accts · $490K emplr
2023$12.7M · 218 accts · $416K emplr
2022$10.2M · 201 accts · $326K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,182
Investment management$79,022
Total administrative$141,204
The James Perse Enterprises, LLC 401(k) match · 2024
Employer contribution per active participant$1,953
Median for plans this size$2,416
2024$1,953 per active participant
2023$1,808 per active participant
2022$1,470 per active participant

James Perse Enterprises, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$60,757
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$1,425
BANK OF AMERICA NA · Investment advisory (plan)$79,022

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

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Administrative cost history3
2024$141,204 · 1.02%
2023$116,239 · 1.01%
2022$109,819 · 0.98%
Same employer
Similar plansWholesale Trade · California
Winery Exchange, Inc. CA$15.2M · 0.51%
Green Farms California LLC CA$15.1M · 0.58%
Jimway, Inc. CA$15.1M · 0.43%
Hunt & Sons, Inc. CA$15.0M · 0.02%
Gibson Overseas, Inc. CA$14.5M · 0.29%
Traffix Devices, Inc. CA$14.1M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954498473 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.