Plan Ledger DOL Form 5500 · updated monthly

Lassens Health Foods401(k)

LASSENS HEALTH FOODS 401(K) PLAN · VENTURA, CA · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Lassens Health Foods reported $1,725 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,309 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 0.04% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (7,583rd of 9,483), and 4,188th of 5,215 in retail trade. In 2023, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,569,829
Participants with balances93
Active participants46
Employer contributions$106,223
Employee contributions$153,749
Employer contribution per active participant$2,309
Average account balance$38,385
Benefits paid to participants$180,974
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.6M · 93 accts · $106K emplr
2022$3.0M · 103 accts · $122K emplr
The Lassens Health Foods 401(k) match · 2023
Employer contribution per active participant$2,309
Median for plans this size$1,308
2023$2,309 per active participant
2022$801 per active participant

Lassens Health Foods's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 · 20231
JAN P CHRISTENSEN · Investment advisory (plan)indirect comp

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$1,725 · 0.05%
2022$1,135 · 0.04%
Similar plansRetail Trade · California
Cucina Holdings, Inc. CA$3.7M · 0.03%
All Natural Stone, Inc. CA$3.6M · 1.34%
Meundies Inc CA$3.6M · 0.30%
Tak Shing Hong, Inc. CA$3.5M · 0.74%
Nimblerx CA$3.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464394771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.