Plan Ledger DOL Form 5500 · updated monthly

Matagrano, Inc.401(k)

MATAGRANO, INC. 401(K) PLAN · HAYWARD, CA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Matagrano, Inc. reported $51,662 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $384 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 rose from 0.26% to 0.29%. 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 3,847th-largest of 9,483 plans among California employers on file, and the 2,038th of 4,246 in wholesale trade. In 2024, employees put in $6.13 for every $1.00 the employer contributed; active participation has grown from 209 to 253 since 2022.

Plan summary
Net assets, end of year$18,361,593
Participants with balances308
Active participants253
Employer contributions$97,119
Employee contributions$595,541
Employer contribution per active participant$384
Average account balance$59,616
Benefits paid to participants$1,092,897
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 308 accts · $97K emplr
2023$16.7M · 235 accts · $112K emplr
2022$15.1M · 219 accts · $188K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,660
Investment management$44,002
Total administrative$51,662
The Matagrano, Inc. 401(k) match · 2024
Employer contribution per active participant$384
Median for plans this size$2,416
2024$384 per active participant
2023$555 per active participant
2022$899 per active participant

Matagrano, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MORGAN STANLEY · Investment advisory (plan)$44,002
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$7,660

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$51,662 · 0.29%
2023$43,636 · 0.27%
2022$42,618 · 0.26%
Similar plansWholesale Trade · California
Saxco International, LLC CA$18.6M · 0.18%
Robert Kaufman Co., Inc. CA$18.4M · 0.36%
Ifs Acquisition LLC CA$18.4M · 0.53%
Calico Brands, Inc. CA$18.0M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942178292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.