Plan Ledger DOL Form 5500 · updated monthly

Overeasy, Inc.401(k)

OVEREASY, INC. 401(K) PLAN · RANCHO CUCAMONGA, CA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Overeasy, Inc. reported $12,091 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. Employer contributions averaged $757 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 0.55% to 0.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (7,551st of 9,483), and the 1,085th of 2,240 in accommodation & food services. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 281 to 329 since 2022.

Plan summary
Net assets, end of year$3,638,079
Participants with balances186
Active participants329
Employer contributions$248,964
Employee contributions$378,121
Employer contribution per active participant$757
Average account balance$19,560
Benefits paid to participants$215,187
Plan auditUnmodified (clean) audit opinion
AuditorSTEPHENS, REIDINGER & BELLER
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 186 accts · $249K emplr
2023$2.8M · 181 accts · $209K emplr
2022$2.1M · 168 accts · $185K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,091
Total administrative$12,091
The Overeasy, Inc. 401(k) match · 2024
Employer contribution per active participant$757
Median for plans this size$1,313
2024$757 per active participant
2023$654 per active participant
2022$659 per active participant

Overeasy, 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.

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 · 20242
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$14,636
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$12,899

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$12,091 · 0.37%
2023$11,213 · 0.45%
2022$11,555 · 0.55%
Similar plansAccommodation & Food Services · California
Clk HR Acquisition, LLC CA$3.7M · 0.95%
Wood Ranch USA, Inc. CA$3.6M · 0.50%
Bbd Opco LLC CA$3.6M · 1.26%
Hecho En Mexico, LLC CA$3.5M · 0.22%
Uniwell Corporation CA$3.5M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510570486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.