Plan Ledger DOL Form 5500 · updated monthly

Nicholas Bagshaw Company401(k)

THE THORNHILL COMPANIES 401(K) PLAN · SANTA BARBARA, CA · plan year 2025

Reported admin expense ratio · 2025
0.09%

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

Nicholas Bagshaw Company reported $8,374 in plan administrative expenses for 2025: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,843 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 3 years on file its reported administrative ratio rose from 0.07% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (5,344th of 9,483), and the 438th of 945 in agriculture, forestry & fishing. In 2025, employees put in $2.13 for every $1.00 the employer contributed; active participation has shrunk from 149 to 79 since 2022.

Plan summary
Net assets, end of year$10,384,328
Participants with balances105
Active participants79
Employer contributions$303,618
Employee contributions$648,082
Employer contribution per active participant$3,843
Average account balance$98,898
Benefits paid to participants$1,031,805
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$10.4M · 105 accts · $304K emplr
2024$9.0M · 140 accts · $356K emplr
2023$8.3M · 149 accts · $385K emplr
2022$6.7M · 149 accts · $388K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$3,902
Investment management$4,472
Total administrative$8,374
The Nicholas Bagshaw Company 401(k) match · 2025
Employer contribution per active participant$3,843
Median for plans this size$1,464
2025$3,843 per active participant
2024$3,667 per active participant
2023$2,872 per active participant
2022$2,601 per active participant

Nicholas Bagshaw Company's 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
INSPERITY RETIREMENT SERVICES · Recordkeeping · Loan processing$3,902
WILSHIRE ASSOCIATES · Consulting · Investment advisory (participants)$4,472

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

Recordkeeper by year3
2025INSPERITY RETIREMENT SERVICES
2024INSPERITY RETIREMENT SERVICES
2023INSPERITY RETIREMENT SERVICES

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$8,374 · 0.09%
2024$6,646 · 0.08%
2023$5,670 · 0.08%
2022$5,499 · 0.07%
Similar plansAgriculture, Forestry & Fishing · California
Primus Group, Inc. CA$12.3M · 0.11%
Agrivision, Inc. CA$11.8M · 0.91%
Jasmine Vineyards, Inc. CA$11.2M · 0.85%
Crain Walnut Shelling, Inc CA$10.5M · 0.45%
Ratto Bros., Inc. CA$10.1M · 0.70%
Gresser, Inc. CA$10.1M · 0.63%
Plant Sciences, Inc. CA$9.9M · 0.84%
Rivermaid Trading Company CA$9.4M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770299159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.