Plan Ledger DOL Form 5500 · updated monthly

Maass Corporation Spc dba Oliver's MarketESOP

OLIVER'S MARKET EMPLOYEE STOCK OWNERSHIP PLAN · SANTA ROSA, CA · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Maass Corporation Spc dba Oliver's Market reported $22,403 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $205 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 fell from 0.08% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 1,751st-largest of 9,483 plans among California employers on file, and the 644th of 5,215 in retail trade.

Plan summary
Net assets, end of year$50,808,880
Participants with balances961
Active participants706
Employer contributions$145,000
Employee contributions—
Employer contribution per active participant$205
Average account balance$52,871
Benefits paid to participants$280,593
Plan auditUnmodified (clean) audit opinion
AuditorCOMYNS SMITH MCCLEARY & DEAVER LLP
Plan history2
Yearassets · accounts · employer contribution
2023$50.8M · 961 accts · $145K emplr
2022$37.4M · 907 accts · $140K emplr
Administrative expenses, itemized · 2023
Investment management$22,403
Total administrative$22,403
Employer contributions to the Maass Corporation Spc dba Oliver's Market plan · 2023
Employer contribution per active participant$205
Median for plans this size$2,440
2023$205 per active participant
2022$201 per active participant

Maass Corporation Spc dba Oliver's Market'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
SAGEVIEW ADVISORY GROUP, LLC · Consulting · Investment advisory (plan)$22,403
CHARLES SCHWAB TRUST BANK · Custodial (securities)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$22,403 · 0.05%
2022$26,845 · 0.08%
All plans at this employer2
OLIVER'S MARKET 401(K) PROFIT SHARING PLAN401(k)
OLIVER'S MARKET EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansRetail Trade · California
Toyota Carlsbad CA$55.1M · 0.30%
Hims, Inc. CA$54.2M · 0.49%
Brighton Collectibles, LLC CA$49.5M · 0.04%
Future Ford, Inc. CA$48.7M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680168977 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.