Plan Ledger DOL Form 5500 · updated monthly

Pacific Groservice401(k)

PACIFIC GROSERVICE, INC. PROFIT SHARING 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Pacific Groservice reported $90,916 in plan administrative expenses for 2024: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $295 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 0.86% to 0.73%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 4,699th-largest of 9,483 plans among California employers on file, and 2,531st of 4,246 in wholesale trade. In 2024, employees put in $7.89 for every $1.00 the employer contributed; active participation has grown from 372 to 419 since 2022.

Plan summary
Net assets, end of year$13,342,444
Participants with balances500
Active participants419
Employer contributions$123,413
Employee contributions$974,199
Employer contribution per active participant$295
Average account balance$26,685
Benefits paid to participants$1,292,824
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT & TAX SOLUTIONS CPAS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 500 accts · $123K emplr
2023$11.4M · 454 accts · $118K emplr
2022$9.0M · 508 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,699
Investment management$31,299
Trustee / custodial$5,918
Total administrative$90,916
The Pacific Groservice 401(k) match · 2024
Employer contribution per active participant$295
Median for plans this size$2,416
2024$295 per active participant
2023$308 per active participant
2022$266 per active participant

Pacific Groservice'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
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$53,698
MORGAN STANLEY · Investment advisory (participants) · Investment advisory (plan)$31,299
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$5,918

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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Administrative cost history3
2024$90,916 · 0.73%
2023$78,886 · 0.77%
2022$90,138 · 0.86%
Same employer
Similar plansWholesale Trade · California
Concentrus, Inc. CA$13.5M · 0.52%
Bexco Enterprises, Inc. CA$13.4M · 0.34%
Invasix Inc CA$13.4M · 0.07%
West Pak Avocado, Inc. CA$13.2M · 1.15%
Green Rubber-Kennedy AG, LP CA$13.1M · 0.41%
Msi Computer Corp CA$13.1M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942863973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.