Plan Ledger DOL Form 5500 · updated monthly

Pacific Best Inc.401(k)

PACIFIC BEST INC. EMPLOYEE RETIREMENT BENEFIT PLAN · AZUSA, CA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Pacific Best Inc. reported $36,109 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $4,942 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 has held roughly steady near 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (5,828th of 9,483), and 2,893rd of 5,215 in retail trade. In 2024, the employer put in $1.58 for every $1.00 employees contributed themselves; active participation has shrunk from 109 to 94 since 2022.

Plan summary
Net assets, end of year$8,702,943
Participants with balances142
Active participants94
Employer contributions$464,557
Employee contributions$293,970
Employer contribution per active participant$4,942
Average account balance$61,288
Benefits paid to participants$276,674
Plan auditUnmodified (clean) audit opinion
AuditorK A L L ACCOUNTANCY CORPORATION
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 142 accts · $465K emplr
2023$7.3M · 148 accts · $524K emplr
2022$6.0M · 139 accts · $499K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,082
Investment management$18,027
Total administrative$36,109
The Pacific Best Inc. 401(k) match · 2024
Employer contribution per active participant$4,942
Median for plans this size$1,313
2024$4,942 per active participant
2023$4,939 per active participant
2022$4,580 per active participant

Pacific Best Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,082
ROYAL ALLIANCE ASSOCIATES, INC. · Investment advisory (plan)$17,948
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$79

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$36,109 · 0.45%
2023$29,032 · 0.44%
2022$29,371 · 0.47%
Same employer
Similar plansRetail Trade · California
Morphe, LLC CA$8.7M · 0.81%
Mendo Mill & Lumber Co. CA$8.7M · 0.90%
Valley Motors, Inc. CA$8.7M · 0.40%
Putnam Automotive, Inc. CA$8.6M · 0.14%
Keslow Camera, Inc. CA$8.5M · 1.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 953929830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.