Plan Ledger DOL Form 5500 · updated monthly

Kaizen Resources, Inc.401(k)

KAIZEN RESOURCES, INC.401(K) SAVINGS PLAN · EL CENTRO, CA · plan year 2024

Reported admin expense ratio · 2024
1.50%

Kaizen Resources, Inc. reported $31,267 in plan administrative expenses for 2024: 1.50% of average plan assets, higher than ~90% of peers. 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 rose from 0.77% to 1.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (8,122nd of 9,483), and 4,545th of 5,215 in retail trade. active participation has grown from 412 to 530 since 2022.

Plan summary
Net assets, end of year$2,415,848
Participants with balances485
Active participants530
Employer contributions—
Employee contributions$903,975
Employer contribution per active participant—
Average account balance$4,981
Benefits paid to participants$561,631
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 485 accts
2023$1.8M · 421 accts
2022$1.8M · 342 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,267
Total administrative$31,267
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 · 20241
VESTWELL · Contract administrator · Investment advisory (plan)$32,463

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$31,267 · 1.50%
2023$12,515 · 0.70%
2022$12,338 · 0.77%
Same employer
Similar plansRetail Trade · California
Gill Automotive Group CA$2.6M · 0.88%
Market Hall Foods CA$2.5M · 0.60%
Al Global Corporation CA$2.4M · 0.12%
Ronald Cohn, Inc. CA$2.4M · 1.18%
Stinson Enterprises, Inc. CA$2.3M · 0.63%
Downey Import Cars, Inc. CA$2.3M · 0.29%
Artisan Brewers, LLC CA$2.3M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822474379 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.