Plan Ledger DOL Form 5500 · updated monthly

New Leaf Community Markets, Inc.401(k)

NEW LEAF COMMUNITY MARKETS, INC. 401(K) PLAN · SANTA CRUZ, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

New Leaf Community Markets, Inc. reported $48,231 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $895 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 0.03% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 4,041st-largest of 9,483 plans among California employers on file, and the 1,705th of 5,215 in retail trade. In 2024, employees put in $2.88 for every $1.00 the employer contributed; active participation has grown from 502 to 560 since 2022.

Plan summary
Net assets, end of year$17,115,383
Participants with balances622
Active participants560
Employer contributions$501,040
Employee contributions$1,441,015
Employer contribution per active participant$895
Average account balance$27,517
Benefits paid to participants$613,229
Plan auditUnmodified (clean) audit opinion
AuditorKBF CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 622 accts · $501K emplr
2023$10.6M · 457 accts · $281K emplr
2022$8.7M · 384 accts · $59K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,675
Investment management$39,556
Total administrative$48,231
The New Leaf Community Markets, Inc. 401(k) match · 2024
Employer contribution per active participant$895
Median for plans this size$2,416
2024$895 per active participant
2023$581 per active participant
2022$118 per active participant

New Leaf Community Markets, 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 · 20243
NEWPORT GROUP, INC. · Recordkeeping$8,675
HUMAN INVESTING · Investment advisory (participants) · Investment advisory (plan)$31,556
APRIO, LLP · Investment advisory (plan)$8,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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Administrative cost history3
2024$48,231 · 0.35%
2023$38,617 · 0.40%
2022$2,590 · 0.03%
Same employer
Similar plansRetail Trade · California
Moss Bros. Auto Group, Inc. CA$17.8M · 0.84%
Gosch Auto Group CA$17.7M · 1.04%
Ashby Lumber Company CA$17.3M · 0.46%
Rothy's, Inc. CA$17.1M · 0.09%
Adminsure, Inc. CA$17.0M · 0.27%
Robinson Oil Corporation CA$17.0M · 0.17%
Chambers & Chambers, Inc. CA$16.9M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770077955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.