Plan Ledger DOL Form 5500 · updated monthly

North Bay Distribution, Inc.401(k) + ESOP (KSOP)

NORTH BAY DISTRIBUTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN · VACAVILLE, CA · plan year 2023

Employer contribution per participant · 2023
$10,615

North Bay Distribution, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held -$2,422,680 across 265 participant accounts, with employer contributions averaging $10,615 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other transportation & warehousing employers. active participation has shrunk from 219 to 168 since 2022.

Plan summary
Net assets, end of year-$2,422,680
Participants with balances265
Active participants168
Employer contributions$1,783,315
Employee contributions—
Employer contribution per active participant$10,615
Average account balance-$9,142
Benefits paid to participants$46,335
Plan auditUnmodified (clean) audit opinion
AuditorVASQUEZ & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$-4.1M · 243 accts · $1.8M emplr
2023$-2.4M · 265 accts · $1.8M emplr
2022$-4.9M · 257 accts · $1.8M emplr
Administrative expenses, itemized · 2023
Trustee / custodial$952
Total administrative$952
The North Bay Distribution, Inc. 401(k) match · 2023
Employer contribution per active participant$10,615
Median for plans this size$522
2024$10,552 per active participant
2023$10,615 per active participant
2022$8,303 per active participant

North Bay Distribution, Inc.'s 2023 employer contribution ran above the $522 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Same employer
North Bay Distribution, Inc.'s health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 943180655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.