Monterey Pacific, Inc.401(k)
MONTEREY PACIFIC, INC. RETIREMENT PLAN · SOLEDAD, CA · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Monterey Pacific, Inc. reported $35,320 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $659 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 0.50% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (5,760th of 9,483), and 485th of 945 in agriculture, forestry & fishing. In 2024, employees put in $4.25 for every $1.00 the employer contributed; active participation has grown from 190 to 245 since 2022.
Monterey Pacific, Inc.'s 2024 employer contribution ran below the $1,313 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 770298005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.