Plan Ledger DOL Form 5500 · updated monthly

Oakhurst Industries, Inc. dba American Bakery Company401(k)

AMERICAN BAKERY COMPANY 401(K) PROFIT SHARING PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
1.21%

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

Oakhurst Industries, Inc. dba American Bakery Company reported $142,053 in plan administrative expenses for 2024: 1.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,208 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 0.74% to 1.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (4,982nd of 9,483), and 8,045th of 13,661 in manufacturing. In 2024, the employer put in $4.14 for every $1.00 employees contributed themselves; active participation has grown from 339 to 414 since 2022.

Plan summary
Net assets, end of year$11,964,488
Participants with balances513
Active participants414
Employer contributions$500,000
Employee contributions$120,632
Employer contribution per active participant$1,208
Average account balance$23,323
Benefits paid to participants$1,266,237
Plan auditUnmodified (clean) audit opinion
AuditorMACIAS GINI & O'CONNELL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 513 accts · $500K emplr
2023$11.6M · 534 accts · $450K emplr
2022$10.0M · 410 accts · $400K emplr
Administrative expenses, itemized · 2024
Investment management$67,945
Total administrative$142,053
The Oakhurst Industries, Inc. dba American Bakery Company 401(k) match · 2024
Employer contribution per active participant$1,208
Median for plans this size$2,416
2024$1,208 per active participant
2023$1,169 per active participant
2022$1,180 per active participant

Oakhurst Industries, Inc. dba American Bakery Company'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
EDELMAN FIN'L SVCS · Investment advisory (plan)$67,945
MACIAS GINI & O'CONNELL, LLP · Accounting / audit$45,413
CMC RETIREMENT & EE BENEFITS SPEC · Pension consulting$24,295

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$142,053 · 1.21%
2023$118,270 · 1.10%
2022$79,750 · 0.74%
Same employer
Similar plansManufacturing · California
Galasso's Bakery CA$12.0M · 0.58%
Ceribell, Inc. CA$12.0M · 0.13%
Fleenor Company, Inc. CA$12.0M · 0.54%
Asteelflash USA Corp CA$11.9M · 0.19%
Mag Instrument, Inc. CA$11.9M · 0.56%
Pentel of America, LTD CA$11.9M · 0.53%
G L Mezzetta, Inc CA$11.9M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953641353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.