Plan Ledger DOL Form 5500 · updated monthly

K & B Pharmacy Associates, Inc.401(k)

K & B PHARMACY ASSOCIATES 401(K) PLAN · SAN MARINO, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

K & B Pharmacy Associates, Inc. reported $11,423 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,068 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 0.13% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (4,823rd of 9,483), and the 2,179th of 5,215 in retail trade. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 177 to 230 since 2022.

Plan summary
Net assets, end of year$12,730,394
Participants with balances308
Active participants230
Employer contributions$705,702
Employee contributions$1,144,503
Employer contribution per active participant$3,068
Average account balance$41,332
Benefits paid to participants$351,752
Plan auditUnmodified (clean) audit opinion
AuditorMAURER, GRAF & RIVERA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 308 accts · $706K emplr
2023$9.8M · 259 accts · $512K emplr
2022$7.3M · 235 accts · $370K emplr
Administrative expenses, itemized · 2024
Investment management$11,423
Total administrative$11,423
The K & B Pharmacy Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$3,068
Median for plans this size$2,416
2024$3,068 per active participant
2023$2,405 per active participant
2022$2,089 per active participant

K & B Pharmacy Associates, Inc.'s 2024 employer contribution ran above 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 · 20242
VOYA RETIREMENT ADV, LLC · Investment advisory (participants)$8,380
ASCENSUS · Other servicesindirect comp

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$11,423 · 0.10%
2023$9,707 · 0.11%
2022$10,371 · 0.13%
Similar plansRetail Trade · California
Signal Products, Inc. CA$12.9M · 0.03%
Vista Ford Inc. CA$12.9M · 0.54%
Chuck Patterson, Inc. CA$12.8M · 1.00%
Cardenas Markets LLC CA$12.6M · 0.79%
Lumens, Inc. CA$12.5M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264434287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.